taxes Property Tax Assistance

2024 Confidence Interval Detail

Montague County
169-909/Prairie Valley 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 13,734,150 0.9531 14,409,978 12 128 0.107744027
A 3 16,936,410 0.9256 18,297,764 12 78 0.017995354
A 4 16,190,850 0.8913 18,165,433 12 45 0.073387920
A 5 20,933,040 1.0035 20,860,030 12 34 0.001375945
E 0 40,984,720 1.0113 40,526,768 20 214 0.008860186
G1 2 5,207,560 0.9981 5,217,473 8 37 0.000080765
G1 3 5,442,300 0.9990 5,447,748 6 12 0.000019174
G1 4 7,102,550 1.0019 7,089,081 4 5 0.000066605
Random Totals: 126,531,580 130,014,275 86 553
CATG D1 EXCEPTION VALUES: 4,681,000 4,423,224
CATG G1 EXCEPTION VALUES: 2,912,670 2,938,611
Total Test Values 134,125,250 137,376,110

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,868,806

Confidence Interval Values(5)

Local Test Value: 134,125,250 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 130,507,304 (State Test Value minus Margin of Error Percent)
State Upper Limit: 144,244,916 (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