taxes Property Tax Assistance

2016 Confidence Interval Detail

169/Montague
169-909/Prairie Valley ISD

Category Summary

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

Stratum
Variance
A 6,070,310 0.8791 6,905,142 10 126 .122324738
A 6,473,360 0.8824 7,336,083 9 66 .031511335
A 7,681,760 0.9487 8,097,143 8 41 .001629416
A 7,609,240 0.9186 8,283,518 6 21 .011181137
E 17,443,660 0.9936 17,556,019 11 179 .004016118
G1 6,103,780 1.0261 5,948,524 8 42 .037364184
G1 6,678,640 1.0082 6,624,321 5 11 .002445418
G1 7,225,810 1.0254 7,046,821 2 3 .003644275
Random Totals: 65,286,560   67,797,571 59 489  
Catg J Exception Values: 797,820   883,220      
Catg D1 Exception Values: 4,595,880   4,106,403      
Catg G1 Exception Values: 3,770,710   3,707,894      
Total Test Values (4): 74,450,970   76,495,088      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,824,754

Confidence Interval Values (5)

State Lower Limit: 72,670,334 (State Test Value minus Margin of Error Percent)
Local Test Value: 74,450,970 (Within Confidence Interval)
State Upper Limit: 80,319,842 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 87,268,944 (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