taxes Property Tax Assistance

2018 Confidence Interval Detail

113/Houston
113-903/Lovelady ISD

Category Summary

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

Stratum
Variance
A 6,533,690 0.8245 7,924,427 12 160 .038217177
A 6,260,460 0.8219 7,617,058 11 93 .055169152
A 6,885,170 0.8204 8,392,455 12 71 .034721909
A 7,574,680 0.8639 8,768,006 11 49 .047355717
E 81,589,250 0.8336 97,875,780 24 1,741 .035475757
G1 6,956,080 0.9888 7,034,871 9 57 .000674490
G1 7,190,240 1.0056 7,150,199 5 11 .000492445
G1 7,492,030 1.0074 7,436,996 4 6 .000131766
Random Totals: 130,481,600   152,199,792 88 2,188  
Catg J Exception Values: 7,614,030   8,852,650      
Catg D1 Exception Values: 24,126,300   24,848,512      
Catg G1 Exception Values: 5,954,640   5,920,554      
Total Test Values (4): 168,176,570   191,821,508      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,591,075

Confidence Interval Values (5)

Local Test Value: 168,176,570 (Outside Confidence Interval)
State Lower Limit: 182,230,433 (State Test Value minus Margin of Error Percent)
State Upper Limit: 201,412,583 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 255,133,040 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories