taxes Property Tax Assistance

2019 Confidence Interval Detail

Parker County
184-908/Peaster ISD

Category Summary

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

Stratum
Variance
A 46,756,040 0.9892 47,266,518 14 351 0.017814156
A 48,406,448 0.9250 52,331,295 13 226 0.009231324
A 60,003,079 1.0008 59,955,115 19 209 0.008955932
A 107,534,977 0.9569 112,378,490 24 264 0.024639591
E 133,456,380 0.8781 151,983,123 22 654 0.185316705
Random Totals: 396,156,924 423,914,541 92 1,704
CATG D1 EXCEPTION VALUES: 2,697,260 1,999,745
CATG J EXCEPTION VALUES: 5,044,990 5,980,906
Total Test Values(2) 403,899,174 431,895,192

Margin of Error

Margin of Error Percent: 6.5948712
Margin of Error Value: 28,482,932

Confidence Interval Values(5)

Local Test Value: 403,899,174 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 403,412,260 (State Test Value minus Margin of Error Percent)
State Upper Limit: 460,378,124 (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