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 0.022816024
G1 14,509,220 0.9982 14,535,384 15 116 0.007650535
G1 14,506,900 1.0105 14,356,160 15 56 0.016522436
G1 14,073,500 1.0075 13,968,734 15 35 0.004531175
G1 14,276,290 0.9627 14,829,428 10 16 0.026549229
Random Totals: 119,722,220 118,626,196 75 741
CATG D1 EXCEPTION VALUES: 4,718,790 3,928,402
CATG J EXCEPTION VALUES: 769,750 936,740
Total Test Values(2) 125,210,760 123,491,338

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,174,567

Confidence Interval Values(5)

Local Test Value: 125,210,760 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 117,316,771 (State Test Value minus Margin of Error Percent)
State Upper Limit: 129,665,905 (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