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 0.7978 359,146,202 35 2,029 0.052077538
A 438,500,780 0.9790 447,906,823 52 1,739 0.033542377
A 374,312,630 0.9900 378,093,566 48 1,060 0.030058337
A 397,667,320 0.9728 408,786,308 34 672 0.015228827
C1 30,467,760 0.5870 51,904,191 13 1,271 0.084128590
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 0.8738 246,896,055 20 756 0.081160210
F1 32,176,735 0.9672 33,267,923 12 80 0.062829181
F1 30,515,720 0.9996 30,527,931 10 28 0.004913536
F1 35,074,420 1.0180 34,454,244 6 17 0.001053800
F1 34,343,790 0.9879 34,764,440 5 9 0.026099498
Random Totals: 2,000,461,888 2,173,296,985 272 8,573
CATG D1 EXCEPTION VALUES: 7,010,059 4,371,595
Total Test Values 2,007,471,947 2,177,668,580

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 108,883,429

Confidence Interval Values(5)

Local Test Value: 2,007,471,947 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 2,068,785,151 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,286,552,009 (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