taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
061-905/Krum ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 93,670,223 0.8778 106,710,211 13 439 0.016692924
A 197,879,096 0.9848 200,933,282 26 677 0.002414399
A 462,799,346 1.0099 458,262,547 54 1,298 0.004976535
A 427,567,665 0.9766 437,812,477 40 784 0.006151449
E 388,091,574 0.9575 405,317,571 16 896 0.018340694
F1 27,337,469 1.1249 24,302,133 9 61 0.142464852
F1 25,855,244 0.9855 26,235,661 7 21 0.282976198
F1 37,421,306 1.2001 31,181,823 5 13 0.170349927
F1 24,347,514 1.7127 14,215,728 1 2 0.000000000
G1 41,716,764 1.2515 33,333,411 10 207 0.097941519
G1 42,286,659 0.9144 46,245,253 9 51 0.058224808
G1 42,896,475 1.0093 42,501,214 7 23 0.000531934
G1 38,950,416 0.9619 40,493,207 6 11 0.012408016
Random Totals: 1,850,819,751 1,867,544,518 203 4,483
CATG D1 EXCEPTION VALUES: 3,460,304 3,169,134
Total Test Values 1,854,280,055 1,870,713,652

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 93,535,683

Confidence Interval Values(5)

Local Test Value: 1,854,280,055 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,777,177,969 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,964,249,335 (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