taxes Property Tax Assistance

2023 Confidence Interval Detail

Tarrant County
220-915/Azle ISD

Category Summary

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

Stratum
Variance
A 404,306,274 1.0038 402,775,726 47 1,931 0.014524809
A 676,109,143 1.0053 672,544,656 79 2,283 0.004180246
A 594,455,348 1.0181 583,886,993 60 1,451 0.006406748
A 1,181,852,398 0.9505 1,243,400,734 49 1,671 0.025559300
F1 66,331,257 0.8980 73,865,542 10 176 0.072175638
F1 61,209,939 0.7415 82,548,805 9 67 0.167454309
F1 78,070,248 0.9593 81,382,516 8 39 0.058404430
F1 40,805,200 0.9447 43,193,818 5 7 0.020143539
Random Totals: 3,103,139,807 3,183,598,790 267 7,625
CATG D1 EXCEPTION VALUES: 426,438 366,193
Total Test Values 3,103,566,245 3,183,964,983

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 159,198,249

Confidence Interval Values(5)

Local Test Value: 3,103,566,245 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,024,766,734 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,343,163,232 (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