taxes Property Tax Assistance

2018 Confidence Interval Detail

169/Montague
169-902/Nocona ISD

Category Summary

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

Stratum
Variance
A 29,354,928 1.0435 28,131,220 16 642 .034071233
A 31,514,310 1.0309 30,569,706 14 359 .021875133
A 30,556,320 0.9634 31,717,168 13 218 .007495633
A 34,527,260 0.9029 38,240,403 13 131 .062454175
E 73,424,420 0.9507 77,231,955 20 624 .047240469
F1 5,852,390 0.8767 6,675,476 9 84 .036472122
F1 6,304,930 0.8262 7,631,239 8 37 .029248818
F1 6,520,450 0.9417 6,924,127 6 17 .024628074
F1 4,772,410 0.9427 5,062,491 4 6 .014164281
Random Totals: 222,827,418   232,183,785 103 2,118  
Catg J Exception Values: 6,528,410   6,727,789      
Catg D1 Exception Values: 5,756,320   4,764,737      
Total Test Values (4): 235,112,148   243,676,311      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,183,815

Confidence Interval Values (5)

State Lower Limit: 231,492,496 (State Test Value minus Margin of Error Percent)
Local Test Value: 235,112,148 (Within Confidence Interval)
State Upper Limit: 255,860,126 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 248,542,428 (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, 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
(6) Includes local value of unstudied property categories and sub-categories