taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
169/Montague
169-910/Forestburg ISD

Category Summary

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

Stratum
Variance
E 48,303,930 1.0086 47,892,058 17 472 .038266424
G1 38,510,420 0.9336 41,249,379 10 97 .014353016
G1 38,740,700 0.9659 40,108,396 9 47 .055071483
G1 39,119,110 1.0592 36,932,694 8 27 .012871532
G1 37,396,040 1.0393 35,981,949 6 14 .005169575
Random Totals: 202,070,200   202,164,476 50 657  
Catg J Exception Values: 1,092,780   1,078,091      
Catg D1 Exception Values: 4,853,380   4,155,684      
Total Test Values (4): 208,016,360   207,398,251      

Margin of Error

Margin of Error Percent: 5.0000002
Margin of Error Value: 10,369,913

Confidence Interval Values (5)

State Lower Limit: 197,028,338 (State Test Value minus Margin of Error Percent)
Local Test Value: 208,016,360 (Within Confidence Interval)
State Upper Limit: 217,768,164 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 356,224,413 (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