taxes Property Tax Assistance

2021 Confidence Interval Detail

Denton County
061-905/Krum ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 102,236,822 0.8676 117,838,661 25 669 0.012603748
A 121,030,231 0.9309 130,014,213 41 577 0.002694399
A 218,678,402 0.9649 226,633,228 76 865 0.013557839
A 198,122,158 0.9889 200,345,999 24 509 0.009422308
E 205,747,926 0.9188 223,931,134 31 859 0.014620693
F1 13,667,976 0.9544 14,321,014 9 49 0.017774192
F1 13,057,530 0.8994 14,518,045 7 18 0.013404165
F1 11,773,004 0.8350 14,099,406 5 9 0.062559631
F1 13,160,000 0.7822 16,823,461 3 6 0.043406287
G1 24,070,653 1.2959 18,574,468 10 269 0.167157635
G1 23,983,470 1.1322 21,183,068 9 67 0.170986423
G1 23,929,662 1.0656 22,456,515 8 33 0.033508679
G1 23,740,296 1.0680 22,228,742 7 18 0.057283271
Random Totals: 993,198,130 1,042,967,954 255 3,948
CATG D1 EXCEPTION VALUES: 3,487,119 3,433,776
CATG F1 EXCEPTION VALUES: 16,288,495 16,329,697
CATG J EXCEPTION VALUES: 3,532,386 4,502,408
Total Test Values 1,016,506,130 1,067,233,835

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 53,361,692

Confidence Interval Values(5)

Local Test Value: 1,016,506,130 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,013,872,143 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,120,595,527 (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