taxes Property Tax Assistance

2021 Confidence Interval Detail

Denton County
043-912/Prosper ISD

Category Summary

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

Stratum
Variance
A 347,241,596 0.9161 379,043,332 48 1,146 0.015551821
A 279,111,525 0.9414 296,485,580 51 767 0.007947507
A 493,577,418 0.9496 519,774,029 50 1,121 0.005114165
A 487,225,983 0.9730 500,746,128 50 791 0.004051805
F1 105,872,006 1.0481 101,013,268 8 31 0.021147848
Random Totals: 1,713,028,528 1,797,062,337 207 3,856
CATG D1 EXCEPTION VALUES: 602,636 589,307
Total Test Values 1,713,631,164 1,797,651,644

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 89,882,582

Confidence Interval Values(5)

Local Test Value: 1,713,631,164 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,707,769,062 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,887,534,226 (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