taxes Property Tax Assistance

2021 Confidence Interval Detail

Tarrant County
220-915/Azle ISD

Category Summary

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

Stratum
Variance
A 369,527,181 0.9346 395,385,385 68 2,309 0.011794255
A 524,978,586 0.9885 531,086,076 85 2,240 0.006959375
A 489,302,842 0.9626 508,313,777 57 1,430 0.006089910
A 558,678,314 0.9543 585,432,583 50 995 0.012856271
F1 48,420,623 0.8235 58,798,571 10 172 0.053869329
F1 47,925,421 0.8156 58,760,938 9 71 0.069832417
F1 49,346,188 0.7266 67,913,829 8 35 0.032251783
F1 65,162,512 1.0778 60,458,816 5 11 0.008723060
Random Totals: 2,153,341,667 2,266,149,975 292 7,263
CATG D1 EXCEPTION VALUES: 474,308 363,437
Total Test Values 2,153,815,975 2,266,513,412

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 113,325,671

Confidence Interval Values(5)

Local Test Value: 2,153,815,975 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,153,187,741 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,379,839,083 (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