taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
169/Montague
169-909/Prairie Valley ISD

Category Summary

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

Stratum
Variance
A 6,085,900 0.8264 7,364,351 9 130 .033255116
A 6,180,570 0.9137 6,764,332 10 62 .012694493
A 6,075,700 0.8680 6,999,654 9 33 .017597668
A 5,994,620 0.9159 6,545,060 7 17 .017856430
E 15,779,860 0.8697 18,144,027 18 195 .069206615
G1 23,637,180 0.9551 24,748,382 8 43 .095095040
G1 25,375,590 1.0100 25,124,347 5 12 .012273690
G1 28,193,750 1.0651 26,470,519 2 3 .000724847
Random Totals: 117,323,170   122,160,672 68 495  
Catg D1 Exception Values: 4,788,690   4,241,073      
Catg G1 Exception Values: 14,760,750   14,223,873      
Total Test Values (4): 136,872,610   140,625,618      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 7,031,281

Confidence Interval Values (5)

State Lower Limit: 133,594,337 (State Test Value minus Margin of Error Percent)
Local Test Value: 136,872,610 (Within Confidence Interval)
State Upper Limit: 147,656,899 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 166,895,575 (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