taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
170/Montgomery
170-907/Splendora ISD

Category Summary

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

Stratum
Variance
A 86,130,691 0.5667 151,986,397 11 1,728 .058036724
A 95,823,605 0.9602 99,795,464 24 801 .013568967
A 97,089,540 0.9613 100,998,169 25 449 .008747049
A 113,626,998 0.9852 115,333,940 14 302 .015313838
E 75,625,277 0.8680 87,125,895 12 671 .060370002
L1 9,012,475 0.8197 10,994,846 10 69 .178243704
L1 7,590,638 1.0099 7,516,227 4 9 .002670601
Random Totals: 484,899,224   573,750,938 100 4,029  
Catg J Exception Values: 20,873,110   20,439,799      
Catg D1 Exception Values: 8,233,069   8,209,526      
Catg L1 Exception Values: 8,792,626   8,792,626      
Total Test Values (4): 522,798,029   611,192,889      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 30,559,644

Confidence Interval Values (5)

Local Test Value: 522,798,029 (Outside Confidence Interval)
State Lower Limit: 580,633,245 (State Test Value minus Margin of Error Percent)
State Upper Limit: 641,752,533 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 534,699,540 (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