taxes Property Tax Assistance

2016 Confidence Interval Detail

169/Montague
169-910/Forestburg ISD

Category Summary

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

Stratum
Variance
E 55,589,530 0.9749 57,020,751 16 472 .008565349
G1 14,212,010 0.9775 14,539,141 18 116 .055175497
G1 14,323,730 1.0390 13,786,073 14 65 .024783616
G1 13,897,280 0.9776 14,215,712 14 42 .010270696
G1 14,111,960 1.0486 13,457,906 8 16 .061924439
Random Totals: 112,134,510   113,019,583 70 711  
Catg J Exception Values: 1,111,620   1,275,522      
Catg D1 Exception Values: 4,733,990   4,084,128      
Total Test Values (4): 117,980,120   118,379,233      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,918,961

Confidence Interval Values (5)

State Lower Limit: 112,460,272 (State Test Value minus Margin of Error Percent)
Local Test Value: 117,980,120 (Within Confidence Interval)
State Upper Limit: 124,298,194 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 241,629,870 (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