taxes Property Tax Assistance

2019 Confidence Interval Detail

Montgomery County
170-903/Montgomery ISD

Category Summary

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

Stratum
Variance
A 1,340,999,030 0.9696 1,383,043,554 101 7316 0.006692292
A 1,389,979,780 0.9798 1,418,636,232 101 4391 0.016791319
A 1,392,831,460 0.9664 1,441,257,719 103 2890 0.010220416
A 1,501,244,293 0.9704 1,547,036,576 74 1779 0.019128285
E 358,712,113 0.8770 409,021,794 20 1242 0.039070196
F1 87,624,127 0.8377 104,600,844 10 238 0.061677760
F1 82,672,340 0.8182 101,041,726 9 76 0.097926306
F1 65,004,700 0.8296 78,356,678 7 25 0.009332905
F1 72,782,210 0.9005 80,824,220 5 10 0.003227462
Random Totals: 6,291,850,053 6,563,819,343 430 17,967
CATG D1 EXCEPTION VALUES: 14,016,463 9,757,737
Total Test Values(1) 6,305,866,516 6,573,577,080

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 328,678,854

Confidence Interval Values(5)

Local Test Value: 6,305,866,516 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,244,898,226 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,902,255,934 (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