taxes Property Tax Assistance

2023 Confidence Interval Detail

Galveston County
084-908/Hitchcock ISD

Category Summary

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

Stratum
Variance
A 245,760,840 0.9595 256,134,278 30 1,577 0.022804524
A 226,618,520 0.9297 243,754,458 48 938 0.024890185
A 437,718,406 1.0249 427,084,014 61 1,228 0.019458484
A 397,785,394 1.0069 395,059,484 18 372 0.027076462
F1 52,938,235 0.7935 66,714,852 9 98 0.045626002
F1 40,233,145 0.8669 46,410,365 7 19 0.040944781
F1 36,235,647 0.8149 44,466,373 5 6 0.090721482
F1 37,786,740 0.9905 38,147,963 1 3 0.000000000
Random Totals: 1,475,076,927 1,517,771,787 179 4,241
CATG D1 EXCEPTION VALUES: 1,503,827 1,982,359
Total Test Values 1,476,580,754 1,519,754,146

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 75,987,707

Confidence Interval Values(5)

Local Test Value: 1,476,580,754 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,443,766,439 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,595,741,853 (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