taxes Property Tax Assistance

2019 Confidence Interval Detail

Denton County
061-914/Little Elm ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 984,327,036 0.9764 1,008,118,636 97 4440 0.008056989
A 1,285,130,466 0.9890 1,299,424,131 99 4651 0.005024801
A 1,295,945,044 0.9895 1,309,696,861 100 3706 0.008282717
A 1,234,799,457 0.9865 1,251,697,372 101 2232 0.008305178
Random Totals: 4,800,202,003 4,868,937,000 397 15,029
CATG D1 EXCEPTION VALUES: 119,399 130,972
Total Test Values(1) 4,800,321,402 4,869,067,972

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 243,453,399

Confidence Interval Values(5)

Local Test Value: 4,800,321,402 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,625,614,573 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,112,521,371 (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