taxes Property Tax Assistance

2021 Confidence Interval Detail

Tarrant County
220-910/Lake Worth ISD

Category Summary

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

Stratum
Variance
A 102,843,116 0.9468 108,621,796 8 908 0.024259695
A 117,570,613 0.9523 123,459,638 21 743 0.010533867
A 157,063,070 0.9437 166,433,263 27 813 0.004526314
A 176,216,221 1.0415 169,194,643 41 693 0.006333914
B 187,226,089 0.8859 211,339,981 7 14 0.006043293
F1 102,798,734 0.9674 106,262,905 10 105 0.001535093
F1 95,573,230 0.9093 105,106,379 9 35 0.007710359
F1 83,029,750 0.9227 89,985,640 6 13 0.016200816
F1 80,297,407 0.9564 83,957,975 3 4 0.003374827
L1 23,833,511 1.0086 23,630,291 10 166 0.003540364
L1 25,458,732 1.0065 25,294,319 8 37 0.001498019
L1 19,277,162 0.9464 20,368,937 6 9 0.015243727
L1 29,688,636 1.0084 29,441,329 3 5 0.000624849
Random Totals: 1,200,876,271 1,263,097,096 159 3,545
CATG D1 EXCEPTION VALUES: 37,132 36,301
Total Test Values 1,200,913,403 1,263,133,397

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 63,156,670

Confidence Interval Values(5)

Local Test Value: 1,200,913,403 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,199,976,727 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,326,290,067 (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