taxes Property Tax Assistance

2019 Confidence Interval Detail

Tarrant County
220-916/Hurst-Euless-Bedford ISD

Category Summary

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

Stratum
Variance
A 1,750,783,757 0.9710 1,803,072,870 145 10509 0.006643728
A 1,880,988,058 0.9947 1,891,010,413 150 8495 0.007222895
A 2,519,822,476 1.0141 2,484,786,980 152 9334 0.002950327
A 2,960,567,623 1.0139 2,919,979,902 149 7943 0.004296074
B 592,515,172 0.9878 599,833,136 17 227 0.007028115
B 620,040,000 0.9726 637,507,711 9 27 0.025999104
B 560,358,593 0.9653 580,502,013 7 15 0.006595069
B 756,139,000 0.9450 800,147,090 5 11 0.028872623
F1 672,993,145 0.8288 812,009,104 15 668 0.219575668
F1 599,632,316 0.9126 657,059,299 13 148 0.043062514
F1 666,196,724 0.9432 706,315,441 8 61 0.039439623
F1 1,073,226,590 0.8659 1,239,434,796 9 27 0.039765931
L1 267,027,176 1.0018 266,547,391 16 428 0.005799205
L1 276,061,226 1.0498 262,965,542 15 39 0.005273459
Random Totals: 15,196,351,856 15,661,171,688 710 37,932
CATG D1 EXCEPTION VALUES: 15,613 4,362
CATG J EXCEPTION VALUES: 17,423,780 18,258,787
CATG L1 EXCEPTION VALUES: 779,313,778 770,988,309
Total Test Values(3) 15,993,105,027 16,450,423,146

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 822,521,157

Confidence Interval Values(5)

Local Test Value: 15,993,105,027 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 15,627,901,989 (State Test Value minus Margin of Error Percent)
State Upper Limit: 17,272,944,303 (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