taxes Property Tax Assistance

2023 Confidence Interval Detail

Galveston County
084-911/Friendswood ISD

Category Summary

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

Stratum
Variance
A 994,136,554 1.0099 984,391,082 92 3,011 0.013183816
A 987,268,293 1.0077 979,724,415 74 2,112 0.008131723
A 1,575,073,088 1.0054 1,566,613,376 93 2,530 0.012933115
A 1,706,975,229 0.9846 1,733,673,806 70 1,668 0.014047959
F1 54,987,298 0.7090 77,556,133 10 95 0.208373204
F1 87,201,425 0.9778 89,181,249 9 68 0.090522771
F1 86,665,436 1.0604 81,729,004 8 36 0.123595972
F1 108,323,304 0.9915 109,251,946 6 19 0.041511321
Random Totals: 5,600,630,627 5,622,121,011 362 9,539
CATG D1 EXCEPTION VALUES: 99,270 100,050
Total Test Values 5,600,729,897 5,622,221,061

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 281,111,053

Confidence Interval Values(5)

Local Test Value: 5,600,729,897 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 5,341,110,008 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,903,332,114 (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