taxes Property Tax Assistance

2021 Confidence Interval Detail

Parker County
184-903/Weatherford ISD

Category Summary

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

Stratum
Variance
A 672,242,602 0.9725 691,252,033 74 4,614 0.018381386
A 822,286,154 0.9655 851,668,725 75 3,650 0.015074157
A 1,072,281,035 1.0094 1,062,295,458 75 3,659 0.007614350
A 1,415,787,589 0.9741 1,453,431,464 75 3,227 0.009231169
E 723,502,181 1.0526 687,347,692 49 2,833 0.084658383
F1 245,504,207 1.0316 237,983,915 7 482 0.008863060
F1 247,732,271 0.9382 264,050,598 10 189 0.025483074
F1 253,457,207 0.7150 354,485,604 9 84 0.122843442
F1 242,458,250 0.9427 257,195,555 7 24 0.008393050
Random Totals: 5,695,251,496 5,859,711,044 381 18,762
CATG D1 EXCEPTION VALUES: 9,776,352 6,641,222
Total Test Values 5,705,027,848 5,866,352,266

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 293,317,613

Confidence Interval Values(5)

Local Test Value: 5,705,027,848 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 5,573,034,653 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,159,669,879 (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