taxes Property Tax Assistance

2022 Confidence Interval Detail

Montgomery County
170-906/Magnolia ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2,155,145,535 0.9702 2,221,341,512 101 8,206 0.018147894
A 2,154,679,250 0.9887 2,179,305,401 99 5,282 0.026515679
A 2,155,024,750 0.9639 2,235,734,775 100 3,658 0.016428959
A 2,154,587,930 1.0042 2,145,576,509 100 2,253 0.031580749
B 425,386,130 0.9075 468,745,047 8 21 0.010737930
C1 48,901,420 0.4505 108,549,212 10 1,329 0.181979873
C1 82,007,490 0.7174 114,312,085 10 1,169 0.041142065
C1 124,387,266 0.7537 165,035,513 30 1,034 0.044177827
C1 307,318,060 0.9594 320,323,181 18 629 0.110012804
E 1,032,759,191 0.9777 1,056,315,016 47 1,795 0.096318018
F1 201,661,060 0.8064 250,075,719 14 479 0.053963274
F1 237,913,970 0.8999 264,378,231 13 218 0.047746814
F1 361,513,075 0.8707 415,198,203 13 145 0.026220323
F1 318,272,790 0.9015 353,048,020 7 35 0.017131580
Random Totals: 11,759,557,917 12,297,938,424 570 26,253
CATG D1 EXCEPTION VALUES: 15,176,566 4,578,730
Total Test Values 11,774,734,483 12,302,517,154

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 615,125,858

Confidence Interval Values(5)

Local Test Value: 11,774,734,483 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 11,687,391,296 (State Test Value minus Margin of Error Percent)
State Upper Limit: 12,917,643,012 (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