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 0.7491 28,349,924 10 95 0.200228061
F1 19,715,125 0.8176 24,113,411 8 36 0.052373476
F1 26,080,179 0.7720 33,782,615 7 25 0.106329898
F1 23,445,729 0.6987 33,556,217 5 8 0.101376302
Random Totals: 755,830,011 810,335,333 184 2,525
CATG D1 EXCEPTION VALUES: 3,013,694 3,005,016
Total Test Values 758,843,705 813,340,349

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 40,667,017

Confidence Interval Values(5)

Local Test Value: 758,843,705 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 772,673,332 (State Test Value minus Margin of Error Percent)
State Upper Limit: 854,007,366 (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