taxes Property Tax Assistance

2021 Confidence Interval Detail

Parker County
184-904/Millsap ISD

Category Summary

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

Stratum
Variance
A 46,072,464 0.9971 46,206,463 8 348 0.009397452
A 53,946,208 1.0187 52,955,932 12 215 0.015853373
A 45,097,648 1.0021 45,003,141 16 135 0.021347271
A 98,177,228 0.9927 98,899,192 22 207 0.007060660
E 200,837,812 1.0222 196,476,044 22 971 0.014023738
F1 33,522,520 1.0638 31,512,051 8 59 0.013716686
Random Totals: 477,653,880 471,052,823 88 1,935
CATG D1 EXCEPTION VALUES: 4,320,414 3,126,519
CATG J EXCEPTION VALUES: 26,541,810 27,193,918
Total Test Values 508,516,104 501,373,260

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 25,068,663

Confidence Interval Values(5)

Local Test Value: 508,516,104 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 476,304,597 (State Test Value minus Margin of Error Percent)
State Upper Limit: 526,441,923 (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