taxes Property Tax Assistance

2019 Confidence Interval Detail

Denton County
043-912/Prosper ISD

Category Summary

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

Stratum
Variance
A 201,397,937 0.9751 206,540,803 68 663 0.009093340
A 229,633,143 0.9989 229,886,018 59 637 0.003945060
A 232,460,131 0.9619 241,667,669 74 541 0.014647683
A 240,491,154 0.9899 242,944,897 48 421 0.002811311
Random Totals: 903,982,365 921,039,387 249 2,262
CATG D1 EXCEPTION VALUES: 730,555 713,267
Total Test Values(1) 904,712,920 921,752,654

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 46,087,633

Confidence Interval Values(5)

Local Test Value: 904,712,920 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 875,665,021 (State Test Value minus Margin of Error Percent)
State Upper Limit: 967,840,287 (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