taxes Property Tax Assistance

2023 Confidence Interval Detail

Montgomery County
170-906/Magnolia ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2,142,220,148 0.9696 2,209,385,466 153 8,072 0.008205071
A 2,246,115,272 0.9822 2,286,820,680 143 5,537 0.014591088
A 2,454,706,874 0.9907 2,477,749,949 151 4,124 0.009151661
A 2,934,656,640 0.9795 2,996,076,202 113 2,973 0.023644509
B 506,532,110 0.8408 602,440,664 7 24 0.162881196
C1 168,656,740 0.5809 290,336,960 15 2,635 0.135300586
C1 140,264,553 0.6867 204,258,851 34 1,007 0.057644755
C1 153,611,750 0.9383 163,712,832 15 434 0.076617835
C1 114,429,450 1.0735 106,594,737 11 50 0.183229542
E 1,050,131,873 1.0102 1,039,528,680 37 1,763 0.053159020
F1 283,640,756 0.7016 404,277,018 9 474 0.098195096
F1 305,261,430 0.9825 310,698,656 13 186 0.020959120
F1 262,997,550 0.9114 288,564,352 9 77 0.076809094
F1 275,568,040 1.0083 273,299,653 7 26 0.005612641
Random Totals: 13,038,793,186 13,653,744,700 717 27,382
CATG D1 EXCEPTION VALUES: 14,467,777 4,401,903
Total Test Values 13,053,260,963 13,658,146,603

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 682,907,330

Confidence Interval Values(5)

Local Test Value: 13,053,260,963 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 12,975,239,273 (State Test Value minus Margin of Error Percent)
State Upper Limit: 14,341,053,933 (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