taxes Property Tax Assistance

2024 Confidence Interval Detail

Montague County
169-910/Forestburg 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 5,586,820 0.9747 5,731,835 9 58 0.027741640
A 3 8,506,680 1.0211 8,330,898 8 42 0.013561406
A 4 7,134,760 1.0231 6,973,668 7 21 0.004241666
A 5 8,961,210 1.1280 7,944,335 6 15 0.021863029
E 0 124,616,120 0.9995 124,678,459 20 562 0.007040759
G1 2 3,153,950 0.9802 3,217,660 10 134 0.000090509
G1 3 3,292,300 0.9927 3,316,511 8 31 0.000194522
G1 4 3,686,900 0.9918 3,717,383 4 6 0.000020981
Random Totals: 164,938,740 163,910,749 72 869
CATG D1 EXCEPTION VALUES: 4,797,250 4,462,723
CATG G1 EXCEPTION VALUES: 2,428,000 2,428,465
CATG J EXCEPTION VALUES: 122,660 124,296
Total Test Values 172,286,650 170,926,233

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,546,312

Confidence Interval Values(5)

Local Test Value: 172,286,650 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 162,379,921 (State Test Value minus Margin of Error Percent)
State Upper Limit: 179,472,545 (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