taxes Property Tax Assistance

2020 Confidence Interval Detail

Montague County
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
A 2,801,270 0.9349 2,996,331 9 49 0.054483145
A 2,639,270 0.9929 2,658,143 8 24 0.034776977
A 2,947,570 0.9100 3,239,088 7 16 0.029530278
A 2,606,740 1.0761 2,422,396 5 9 0.020553639
E 72,014,270 0.9759 73,792,673 20 548 0.014453848
G1 8,418,990 0.9986 8,430,793 14 130 0.000167943
G1 8,288,340 1.0157 8,160,224 12 49 0.002619596
G1 8,321,540 1.0085 8,251,403 10 27 0.000675009
G1 8,342,670 0.9948 8,386,279 5 7 0.000057147
Random Totals: 116,380,660 118,337,330 90 859
CATG D1 EXCEPTION VALUES: 4,694,720 3,836,690
CATG J EXCEPTION VALUES: 145,880 188,687
Total Test Values 121,221,260 122,362,707

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,118,135

Confidence Interval Values(5)

Local Test Value: 121,221,260 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 116,244,572 (State Test Value minus Margin of Error Percent)
State Upper Limit: 128,480,842 (State Test Value plus Margin of Error Percent)

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, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values