taxes Property Tax Assistance

2021 Confidence Interval Detail

Denton County
061-903/Pilot Point ISD

Category Summary

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

Stratum
Variance
A 79,869,242 0.9365 85,284,829 26 557 0.015424537
A 104,309,265 0.9819 106,232,065 39 475 0.008474735
A 121,202,134 0.9304 130,268,846 38 390 0.026570511
A 116,529,419 0.9601 121,372,169 22 212 0.004628352
E 243,441,990 0.9841 247,375,257 29 727 0.035205615
F1 21,236,928 0.7611 27,902,940 10 95 0.163556690
F1 19,715,125 0.8821 22,350,215 8 36 0.027620548
F1 26,080,179 0.8071 32,313,442 7 25 0.078872815
F1 23,445,729 0.7185 32,631,495 5 8 0.099061926
Random Totals: 755,830,011 805,731,258 184 2,525
CATG D1 EXCEPTION VALUES: 3,013,694 3,005,016
Total Test Values 758,843,705 808,736,274

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 40,436,814

Confidence Interval Values(5)

Local Test Value: 758,843,705 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 768,299,460 (State Test Value minus Margin of Error Percent)
State Upper Limit: 849,173,088 (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