taxes Property Tax Assistance

2021 Confidence Interval Detail

Montgomery County
093-905/Richards ISD

Category Summary

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

Stratum
Variance
A 5,143,760 0.8520 6,037,277 14 54 0.022665515
A 5,337,800 0.8648 6,172,294 12 31 0.022671217
A 5,309,390 0.9676 5,487,174 10 19 0.014906736
A 5,431,430 1.1032 4,923,341 6 7 0.057226480
E 28,458,750 0.9883 28,795,659 23 109 0.064707514
Random Totals: 49,681,130 51,415,745 65 220
CATG D1 EXCEPTION VALUES: 3,000,295 2,889,443
Total Test Values 52,681,425 54,305,188

Margin of Error

Margin of Error Percent: 5.1856879
Margin of Error Value: 2,816,098

Confidence Interval Values(5)

Local Test Value: 52,681,425 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 51,489,090 (State Test Value minus Margin of Error Percent)
State Upper Limit: 57,121,286 (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