taxes Property Tax Assistance

2019 Confidence Interval Detail

Denton County
061-903/Pilot Point ISD

Category Summary

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

Stratum
Variance
A 61,718,349 0.9356 65,966,598 13 490 0.008730891
A 84,108,344 0.9972 84,344,509 22 430 0.015474755
A 97,959,874 0.9807 99,887,707 13 342 0.008102527
A 94,011,171 1.0918 86,106,586 10 182 0.025827474
E 217,794,018 0.9447 230,543,049 21 732 0.031222837
F1 19,010,652 0.8381 22,683,035 9 94 0.045084272
F1 18,330,116 0.8832 20,754,207 8 38 0.012196188
F1 23,622,137 1.0583 22,320,832 7 25 0.033283447
F1 23,256,537 0.9912 23,463,012 4 10 0.071852591
Random Totals: 639,811,198 656,069,535 107 2,343
CATG D1 EXCEPTION VALUES: 3,466,351 3,560,237
Total Test Values(1) 643,277,549 659,629,772

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,981,489

Confidence Interval Values(5)

Local Test Value: 643,277,549 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 626,648,283 (State Test Value minus Margin of Error Percent)
State Upper Limit: 692,611,261 (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