taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
169/Montague
169-902/Nocona ISD

Category Summary

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

Stratum
Variance
A 26,729,070 0.8386 31,873,444 17 655 .067421397
A 27,021,900 0.9302 29,049,559 14 349 .027273975
A 26,069,240 0.8754 29,779,804 14 210 .018857367
A 27,938,270 0.9644 28,969,587 14 119 .009759345
E 59,143,540 0.9229 64,084,451 15 594 .034925073
F1 3,879,670 0.8432 4,601,127 9 72 .092058016
F1 7,049,240 1.0548 6,683,011 7 52 .347550048
F1 4,120,020 0.9669 4,261,061 5 13 .003302649
F1 6,000,160 0.9535 6,292,774 4 9 .000289424
G1 6,633,340 1.0133 6,546,275 7 22 .011229456
G1 6,372,300 1.0097 6,311,082 4 8 .098713928
G1 8,086,390 1.0273 7,871,498 3 4 .012889638
Random Totals: 209,043,140   226,323,673 113 2,107  
Catg J Exception Values: 1,491,690   1,536,685      
Catg D1 Exception Values: 5,928,890   5,079,822      
Catg G1 Exception Values: 3,615,780   3,436,627      
Total Test Values (4): 220,079,500   236,376,807      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,818,840

Confidence Interval Values (5)

Local Test Value: 220,079,500 (Outside Confidence Interval)
State Lower Limit: 224,557,967 (State Test Value minus Margin of Error Percent)
State Upper Limit: 248,195,647 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 248,146,120 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories