taxes Property Tax Assistance

2021 Confidence Interval Detail

Parker County
119-903/Perrin-Whitt CISD

Category Summary

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

Stratum
Variance
A 2,207,060 1.0339 2,134,694 8 31 0.028254874
A 3,474,400 0.9683 3,588,144 7 25 0.040716401
A 3,588,080 1.2518 2,866,336 6 18 0.021014573
A 9,176,180 1.2002 7,645,542 5 29 0.006376893
E 64,474,070 0.9613 67,069,666 20 304 0.037581760
Random Totals: 82,919,790 83,304,382 46 407
CATG D1 EXCEPTION VALUES: 1,925,050 1,395,333
Total Test Values 84,844,840 84,699,715

Margin of Error

Margin of Error Percent: 6.7475604
Margin of Error Value: 5,715,164

Confidence Interval Values(5)

Local Test Value: 84,844,840 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 78,984,551 (State Test Value minus Margin of Error Percent)
State Upper Limit: 90,414,879 (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