taxes Property Tax Assistance

2021 Confidence Interval Detail

Denton County
061-901/Denton ISD

Category Summary

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

Stratum
Variance
A 2,926,731,072 0.9243 3,166,429,809 195 14,091 0.007728228
A 3,966,867,663 0.9582 4,139,916,158 201 14,969 0.004350746
A 4,404,289,632 0.9845 4,473,630,911 198 13,233 0.004904490
A 4,716,608,721 0.9640 4,892,747,636 198 9,385 0.010850366
B 565,867,629 1.0023 564,569,120 18 571 0.007496845
B 597,705,626 0.9106 656,386,587 8 41 0.111431256
B 635,150,662 1.0639 597,002,220 7 21 0.008712102
B 573,017,677 0.9056 632,749,202 6 11 0.035793591
E 514,355,297 0.9486 542,225,698 24 1,274 0.026988342
F1 795,789,348 1.0142 784,647,356 12 875 0.030115724
F1 794,459,986 0.8563 927,782,303 12 276 0.121826122
F1 776,912,600 0.8629 900,350,678 12 105 0.324632998
F1 923,114,177 0.9688 952,842,875 8 39 0.010522963
L1 218,957,271 1.1310 193,596,172 11 1,194 0.019821573
L1 205,769,684 1.0385 198,141,246 10 199 0.001697920
L1 218,691,986 1.0572 206,859,616 11 54 0.013297597
L1 231,042,456 1.0444 221,220,276 5 8 0.006370836
Random Totals: 23,065,331,487 24,051,097,863 936 56,346
CATG D1 EXCEPTION VALUES: 2,560,157 2,533,556
CATG J EXCEPTION VALUES: 25,996,841 26,259,160
Total Test Values 23,093,888,485 24,079,890,579

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,203,994,529

Confidence Interval Values(5)

Local Test Value: 23,093,888,485 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 22,875,896,050 (State Test Value minus Margin of Error Percent)
State Upper Limit: 25,283,885,108 (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