taxes Property Tax Assistance

2023 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 2,127,849,293 0.9939 2,140,908,837 151 8,127 0.014504093
A 2,250,376,960 0.9678 2,325,250,010 145 5,039 0.037684162
A 2,454,322,130 0.9962 2,463,684,130 151 3,560 0.015993816
A 2,975,557,803 1.0047 2,961,638,104 101 2,454 0.018286244
C1 103,294,210 0.6489 159,183,557 40 3,128 0.210205139
C1 70,721,250 0.5978 118,302,526 22 722 0.113064928
C1 84,968,620 0.8598 98,823,703 14 365 0.050849256
C1 124,039,760 1.2190 101,755,340 11 128 0.070968656
E 610,254,827 0.8208 743,487,850 16 1,325 0.033720965
F1 158,838,989 0.9107 174,414,175 10 219 0.065344703
F1 156,647,590 0.9652 162,295,472 9 76 0.030372856
F1 153,496,480 1.0513 146,006,354 8 35 0.001468596
F1 145,339,920 1.0352 140,397,913 5 8 0.002392636
Random Totals: 11,415,707,832 11,736,147,971 683 25,186
CATG D1 EXCEPTION VALUES: 11,193,889 8,056,431
Total Test Values 11,426,901,721 11,744,204,402

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 587,210,220

Confidence Interval Values(5)

Local Test Value: 11,426,901,721 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 11,156,994,182 (State Test Value minus Margin of Error Percent)
State Upper Limit: 12,331,414,622 (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