taxes Property Tax Assistance

2023 Confidence Interval Detail

Montgomery County
170-907/Splendora ISD

Category Summary

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

Stratum
Variance
A 286,526,840 0.8289 345,671,179 34 2,029 0.044576067
A 438,500,780 1.0084 434,848,056 48 1,739 0.037061143
A 374,312,630 1.0082 371,268,231 48 1,060 0.029595059
A 397,667,320 0.9975 398,663,980 34 672 0.014927132
C1 30,467,760 0.6031 50,518,587 13 1,271 0.063498908
C1 45,047,650 0.7167 62,854,263 12 739 0.029692962
C1 41,504,330 0.8749 47,438,942 13 156 0.076809596
C1 38,586,140 1.0357 37,256,097 12 17 0.029943948
E 215,737,773 0.9166 235,367,415 18 756 0.035081392
F1 32,176,735 1.0446 30,802,925 11 80 0.004919405
F1 30,515,720 1.0331 29,538,012 10 28 0.002803004
F1 35,074,420 1.1035 31,784,703 6 17 0.022836993
F1 34,343,790 1.0635 32,293,173 5 9 0.014184825
Random Totals: 2,000,461,888 2,108,305,563 264 8,573
CATG D1 EXCEPTION VALUES: 7,010,059 4,371,595
Total Test Values 2,007,471,947 2,112,677,158

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 105,633,858

Confidence Interval Values(5)

Local Test Value: 2,007,471,947 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,007,043,300 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,218,311,016 (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