taxes Property Tax Assistance

2016 Confidence Interval Detail

170/Montgomery
170-907/Splendora ISD

Category Summary

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

Stratum
Variance
A 116,292,413 0.9239 125,871,212 12 2,046 .055380571
A 126,680,752 0.9296 136,274,475 19 965 .022399564
A 124,160,400 0.9498 130,722,678 32 530 .012641051
A 124,568,498 0.9838 126,619,738 18 314 .011179014
E 109,444,305 0.9556 114,529,411 14 682 .026357179
L1 46,273,013 1.0177 45,468,225 13 140 .008428313
Random Totals: 647,419,381   679,485,739 108 4,677  
Catg D1 Exception Values: 7,990,042   5,288,672      
Total Test Values (4): 655,409,423   684,774,411      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,238,720

Confidence Interval Values (5)

State Lower Limit: 650,535,691 (State Test Value minus Margin of Error Percent)
Local Test Value: 655,409,423 (Within Confidence Interval)
State Upper Limit: 719,013,131 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 636,380,635 (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