taxes Property Tax Assistance

2018 Confidence Interval Detail

169/Montague
169-910/Forestburg ISD

Category Summary

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

Stratum
Variance
E 62,356,310 1.0233 60,936,490 20 518 .022816024
G1 14,509,220 0.9982 14,535,384 15 116 .007650535
G1 14,506,900 1.0105 14,356,160 15 56 .016522436
G1 14,073,500 1.0075 13,968,734 15 35 .004531175
G1 14,276,290 0.9627 14,829,428 10 16 .026549229
Random Totals: 119,722,220   118,626,196 75 741  
Catg J Exception Values: 769,750   936,740      
Catg D1 Exception Values: 4,718,790   3,928,402      
Total Test Values (4): 125,210,760   123,491,338      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,174,566

Confidence Interval Values (5)

State Lower Limit: 117,316,772 (State Test Value minus Margin of Error Percent)
Local Test Value: 125,210,760 (Within Confidence Interval)
State Upper Limit: 129,665,904 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 214,979,428 (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