taxes Property Tax Assistance

2021 Confidence Interval Detail

Parker County
184-907/Aledo ISD

Category Summary

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

Stratum
Variance
A 598,148,871 0.9760 612,857,450 74 2,235 0.005384346
A 857,973,239 0.9691 885,329,934 74 2,418 0.009153442
A 962,796,430 0.9694 993,187,982 75 2,108 0.007248340
A 1,149,150,950 0.9643 1,191,694,442 75 1,768 0.019792421
E 329,738,104 0.9554 345,130,944 25 966 0.051467740
F1 77,335,930 0.9257 83,543,189 10 171 0.017949824
F1 64,077,794 0.8218 77,972,492 9 54 0.088213268
F1 81,062,160 0.9073 89,344,384 8 35 0.036895209
F1 72,518,651 0.7793 93,056,141 5 10 0.120342190
Random Totals: 4,192,802,129 4,372,116,958 355 9,765
CATG D1 EXCEPTION VALUES: 3,096,344 2,164,325
Total Test Values 4,195,898,473 4,374,281,283

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 218,714,064

Confidence Interval Values(5)

Local Test Value: 4,195,898,473 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,155,567,219 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,592,995,347 (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