taxes Property Tax Assistance

2021 Confidence Interval Detail

Denton County
061-911/Northwest ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 1,357,273,885 0.9413 1,441,914,252 100 5,508 0.007703871
A 1,676,159,763 0.9784 1,713,164,108 100 4,998 0.006181476
A 1,675,900,930 0.9762 1,716,759,814 100 3,742 0.008835155
A 1,772,704,899 0.9485 1,868,956,140 100 2,599 0.015776509
B 547,006,811 0.8252 662,877,861 8 37 0.048909956
F1 588,838,568 0.9267 635,414,447 14 267 0.028288252
F1 623,218,332 0.9975 624,780,283 11 46 0.011438385
F1 866,326,476 0.9837 880,681,586 9 29 0.005357087
F1 666,594,028 0.9961 669,199,103 5 11 0.001119851
L1 532,214,854 0.9947 535,050,622 15 136 0.002732910
L1 436,781,342 0.9656 452,341,903 3 8 0.002126438
L1 843,980,729 1.0246 823,717,284 2 6 0.000858270
Random Totals: 11,587,000,617 12,024,857,403 467 17,387
CATG D1 EXCEPTION VALUES: 3,683,770 3,558,641
CATG J EXCEPTION VALUES: 27,142,371 27,961,804
CATG L1 EXCEPTION VALUES: 224,033,634 224,033,634
Total Test Values 11,841,860,392 12,280,411,482

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 614,020,574

Confidence Interval Values(5)

Local Test Value: 11,841,860,392 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 11,666,390,908 (State Test Value minus Margin of Error Percent)
State Upper Limit: 12,894,432,056 (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