taxes Property Tax Assistance

2016 Confidence Interval Detail

169/Montague
169-908/Montague ISD

Category Summary

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

Stratum
Variance
A 2,118,220 0.9625 2,200,748 10 48 .022551094
A 2,520,030 0.9366 2,690,615 8 34 .013334150
A 2,262,770 0.9929 2,278,951 7 21 .011367996
A 2,766,940 0.9700 2,852,515 7 16 .034440014
E 17,241,310 0.9488 18,171,701 14 153 .002060234
G1 2,527,780 0.9563 2,643,292 22 48 .061567827
Random Totals: 29,437,050   30,837,822 68 320  
Catg J Exception Values: 835,410   840,609      
Catg D1 Exception Values: 1,045,650   922,048      
Total Test Values (4): 31,318,110   32,600,479      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,630,023

Confidence Interval Values (5)

State Lower Limit: 30,970,456 (State Test Value minus Margin of Error Percent)
Local Test Value: 31,318,110 (Within Confidence Interval)
State Upper Limit: 34,230,502 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 33,912,348 (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