taxes Property Tax Assistance

2019 Confidence Interval Detail

Denton County
061-905/Krum ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 72,666,697 0.9129 79,599,843 17 536 0.027331244
A 79,426,247 0.9591 82,813,311 22 427 0.001654204
A 179,758,172 0.9753 184,310,645 60 829 0.019374782
A 142,076,819 0.9787 145,168,917 21 414 0.010637658
E 172,172,223 0.9186 187,428,939 24 808 0.035593305
F1 13,325,657 0.6388 20,860,452 8 54 0.771539462
F1 9,410,251 0.7958 11,824,894 6 16 0.173482931
F1 16,921,887 1.0627 15,923,485 5 14 0.052693936
F1 11,173,364 1.0322 10,825,028 2 4 0.005679856
G1 40,104,470 1.0406 38,539,756 10 270 0.012676832
G1 40,144,897 0.9976 40,241,477 9 77 0.000272444
G1 40,420,996 1.0220 39,550,877 8 36 0.003332477
G1 39,013,907 1.0048 38,827,535 7 21 0.000447581
Random Totals: 856,615,587 895,915,159 199 3,506
CATG D1 EXCEPTION VALUES: 4,092,074 4,135,891
CATG J EXCEPTION VALUES: 3,271,757 5,402,746
Total Test Values(2) 863,979,418 905,453,796

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 45,272,690

Confidence Interval Values(5)

Local Test Value: 863,979,418 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 860,181,106 (State Test Value minus Margin of Error Percent)
State Upper Limit: 950,726,486 (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