taxes Property Tax Assistance

2016 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 26,276,210 0.9759 26,925,105 16 619 .091627921
A 28,810,230 1.0544 27,323,814 10 361 .010454484
A 30,414,580 0.9825 30,956,316 13 234 .002472125
A 33,295,110 1.0124 32,887,307 7 136 .005742923
E 63,825,510 1.1433 55,825,689 15 576 .113663801
F1 5,525,060 0.9155 6,035,019 9 82 .050113552
F1 5,383,640 0.9730 5,533,032 9 35 .093441238
F1 5,789,710 0.8383 6,906,489 7 18 .078377013
F1 6,052,780 0.9243 6,548,502 4 8 .008874495
G1 2,009,050 1.2709 1,580,809 8 27 .169954345
G1 1,804,570 0.9663 1,867,505 5 10 .007207031
G1 1,932,010 1.3673 1,413,011 4 6 .516771541
G1 1,764,400 1.0151 1,738,154 2 3 .000589046
Random Totals: 212,882,860   205,540,752 109 2,115  
Catg J Exception Values: 6,195,400   6,326,479      
Catg D1 Exception Values: 5,764,330   4,963,140      
Total Test Values (4): 224,842,590   216,830,371      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,841,518

Confidence Interval Values (5)

State Lower Limit: 205,988,853 (State Test Value minus Margin of Error Percent)
Local Test Value: 224,842,590 (Within Confidence Interval)
State Upper Limit: 227,671,889 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 230,402,032 (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