taxes Property Tax Assistance

2024 Confidence Interval Detail

Montague County
169-908/Montague 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 4,719,440 0.8761 5,386,874 9 54 0.006456839
A 3 6,428,840 0.9976 6,444,306 8 44 0.010371992
A 4 6,572,550 0.9597 6,848,546 7 27 0.019142155
A 5 8,688,820 0.9723 8,936,357 6 21 0.003605615
E 0 36,252,900 1.0566 34,310,903 20 155 0.039023667
Random Totals: 62,662,550 61,926,986 50 301
CATG D1 EXCEPTION VALUES: 1,035,340 970,866
CATG J EXCEPTION VALUES: 512 535
Total Test Values 63,698,402 62,898,387

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,144,919

Confidence Interval Values(5)

Local Test Value: 63,698,402 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 59,753,468 (State Test Value minus Margin of Error Percent)
State Upper Limit: 66,043,306 (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