taxes Property Tax Assistance

2022 Confidence Interval Detail

Montgomery County
170-907/Splendora ISD

Category Summary

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

Stratum
Variance
A 299,714,195 0.8741 342,883,188 44 2,144 0.045167317
A 299,424,080 0.9909 302,173,862 50 1,209 0.012123285
A 299,711,070 0.9599 312,231,555 48 804 0.038806772
A 299,299,310 1.0632 281,508,004 39 509 0.020168567
C1 22,623,150 0.9489 23,841,448 10 1,351 0.134643402
C1 33,833,980 0.7732 43,758,381 8 784 0.124564634
C1 52,434,140 0.8609 60,906,191 10 363 0.084582483
C1 34,903,040 1.2360 28,238,706 5 16 0.422661096
E 216,452,170 0.9468 228,614,459 15 767 0.063310644
F1 28,229,430 0.9714 29,060,562 7 89 0.004948729
F1 29,772,030 0.9433 31,561,571 9 34 0.011253983
F1 55,386,340 0.9665 57,306,094 11 26 0.054818697
Random Totals: 1,671,782,935 1,742,084,021 256 8,096
CATG D1 EXCEPTION VALUES: 6,874,349 4,658,114
CATG F1 EXCEPTION VALUES: 15,888,000 13,841,965
Total Test Values 1,694,545,284 1,760,584,100

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 88,029,205

Confidence Interval Values(5)

Local Test Value: 1,694,545,284 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,672,554,895 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,848,613,305 (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