taxes Property Tax Assistance

2019 Confidence Interval Detail

Parker 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 226,645,952 0.9653 234,793,279 49 1908 0.014901340
A 231,862,481 0.9726 238,394,490 48 1053 0.010396252
A 308,787,379 0.9580 322,325,030 50 952 0.005651818
A 356,533,618 0.9970 357,606,437 47 715 0.006682579
E 140,925,366 0.9722 144,955,118 13 858 0.011333587
F1 21,597,280 0.9912 21,789,023 9 95 0.010103888
F1 21,731,590 0.9727 22,341,513 7 39 0.010952596
F1 18,411,077 1.0091 18,245,047 6 16 0.007225875
F1 28,024,350 0.9347 29,982,187 3 9 0.006612293
Random Totals: 1,354,519,093 1,390,432,124 232 5,645
CATG D1 EXCEPTION VALUES: 1,390,437 1,055,688
Total Test Values(1) 1,355,909,530 1,391,487,812

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 69,574,391

Confidence Interval Values(5)

Local Test Value: 1,355,909,530 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,321,913,421 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,461,062,203 (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