taxes Property Tax Assistance

2016 Confidence Interval Detail

170/Montgomery
170-903/Montgomery ISD

Category Summary

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

Stratum
Variance
A 1,143,885,447 0.9756 1,172,494,308 146 6,742 .010221363
A 1,181,813,238 0.9763 1,210,502,139 148 3,850 .012227064
A 1,274,711,360 0.9879 1,290,324,284 150 2,705 .009760057
A 1,276,161,990 0.9896 1,289,573,555 64 1,488 .011803988
Random Totals: 4,876,572,035   4,962,894,286 508 14,785  
Catg D1 Exception Values: 9,863,261   10,395,100      
Total Test Values (4): 4,886,435,296   4,973,289,386      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 248,664,469

Confidence Interval Values (5)

State Lower Limit: 4,724,624,917 (State Test Value minus Margin of Error Percent)
Local Test Value: 4,886,435,296 (Within Confidence Interval)
State Upper Limit: 5,221,953,855 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 5,287,722,689 (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