taxes Property Tax Assistance

2020 Confidence Interval Detail

Fort Bend County
079-906/Needville ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 185,091,650 0.9352 197,916,649 18 1,537 0.085489615
A 187,453,590 0.9958 188,244,216 25 910 0.020667329
A 220,810,251 0.9643 228,985,016 21 778 0.021452703
A 283,384,158 1.0570 268,102,325 17 661 0.027560078
E 228,937,671 1.0931 209,438,909 15 2,093 0.080212639
Random Totals: 1,105,677,320 1,092,687,115 96 5,979
CATG D1 EXCEPTION VALUES: 22,828,430 22,998,341
CATG J EXCEPTION VALUES: 24,767,000 30,291,232
Total Test Values 1,153,272,750 1,145,976,688

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 57,298,834

Confidence Interval Values(5)

Local Test Value: 1,153,272,750 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,088,677,854 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,203,275,522 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values