taxes Property Tax Assistance

2021 Confidence Interval Detail

Montgomery County
093-905/Richards ISD

Category Summary

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

Stratum
Variance
A 5,143,760 0.7919 6,495,467 14 54 0.026951477
A 5,337,800 0.8475 6,298,289 12 31 0.031991358
A 5,309,390 0.9299 5,709,635 10 19 0.017859063
A 5,431,430 1.0585 5,131,252 6 7 0.051476673
E 28,458,750 0.9538 29,837,230 23 109 0.059723723
Random Totals: 49,681,130 53,471,873 65 220
CATG D1 EXCEPTION VALUES: 3,000,295 2,890,098
Total Test Values 52,681,425 56,361,971

Margin of Error

Margin of Error Percent: 5.0291423
Margin of Error Value: 2,834,524

Confidence Interval Values(5)

Local Test Value: 52,681,425 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 53,527,447 (State Test Value minus Margin of Error Percent)
State Upper Limit: 59,196,495 (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