taxes Property Tax Assistance

2016 Confidence Interval Detail

170/Montgomery
170-906/Magnolia ISD

Category Summary

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

Stratum
Variance
A 942,533,954 0.9462 996,125,506 149 6,018 .014590966
A 1,040,752,561 0.9815 1,060,369,395 150 3,922 .005302269
A 1,017,718,437 0.9827 1,035,634,921 83 2,549 .006487354
A 1,266,162,041 1.0063 1,258,235,159 58 1,980 .011468533
E 543,788,743 0.9658 563,044,878 17 1,674 .017158522
F1 100,367,033 1.0040 99,967,164 10 390 .009462580
F1 115,532,760 0.9967 115,915,280 9 179 .013770518
F1 110,868,570 1.0640 104,199,784 9 64 .007941888
F1 107,725,930 1.0070 106,977,090 6 15 .015086874
Random Totals: 5,245,450,029   5,340,469,177 491 16,791  
Catg D1 Exception Values: 17,435,372   17,478,115      
Total Test Values (4): 5,262,885,401   5,357,947,292      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 267,897,364

Confidence Interval Values (5)

State Lower Limit: 5,090,049,928 (State Test Value minus Margin of Error Percent)
Local Test Value: 5,262,885,401 (Within Confidence Interval)
State Upper Limit: 5,625,844,656 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 5,441,534,889 (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