taxes Property Tax Assistance

2022 Confidence Interval Detail

Howard County
114-904/Forsan ISD

Category Summary

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

Stratum
Variance
A 29,108,745 0.9184 31,695,062 11 354 0.049529122
A 24,712,040 0.9589 25,771,238 12 139 0.024186562
A 42,750,625 0.9488 45,057,573 11 147 0.020967252
A 42,926,240 0.9982 43,003,647 9 89 0.035704879
E 53,568,595 0.9169 58,423,596 15 416 0.046169247
G1 98,304,643 0.9730 101,032,521 10 112 0.002922396
G1 100,133,475 0.9037 110,803,890 8 35 0.013834191
G1 99,435,207 1.0064 98,802,869 7 18 0.000776685
G1 94,841,753 0.9783 96,945,470 5 7 0.005873093
Random Totals: 585,781,323 611,535,866 88 1,317
CATG D1 EXCEPTION VALUES: 2,960,571 2,187,700
CATG J EXCEPTION VALUES: 26,470,380 29,726,795
Total Test Values 615,212,274 643,450,361

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,172,518

Confidence Interval Values(5)

Local Test Value: 615,212,274 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 611,277,843 (State Test Value minus Margin of Error Percent)
State Upper Limit: 675,622,879 (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