taxes Property Tax Assistance

2024 Confidence Interval Detail

Montague County
169-902/Nocona ISD

Category Summary

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

Stratum
Variance
A 2 48,804,430 1.0275 47,498,229 13 558 0.009978603
A 3 71,390,930 0.9615 74,249,537 12 453 0.050749197
A 4 83,283,380 0.9673 86,098,811 12 335 0.032514301
A 5 109,512,910 1.0406 105,240,160 11 245 0.028003980
E 0 140,336,920 1.0423 134,641,581 20 596 0.018648333
F1 2 8,284,780 0.8711 9,510,711 9 86 0.086633106
F1 3 10,288,520 0.9324 11,034,449 8 45 0.010787132
F1 4 10,153,390 0.9531 10,653,016 7 22 0.014517263
F1 5 11,150,040 0.9637 11,570,032 5 9 0.004920211
Random Totals: 493,205,300 490,496,526 97 2,349
CATG D1 EXCEPTION VALUES: 5,876,030 5,441,210
CATG J EXCEPTION VALUES: 2,270 2,381
Total Test Values 499,083,600 495,940,117

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,797,006

Confidence Interval Values(5)

Local Test Value: 499,083,600 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 471,143,111 (State Test Value minus Margin of Error Percent)
State Upper Limit: 520,737,123 (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