taxes Property Tax Assistance

2021 Confidence Interval Detail

Parker County
184-908/Peaster ISD

Category Summary

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

Stratum
Variance
A 61,065,380 0.9976 61,212,289 19 356 0.013328601
A 73,011,287 1.0328 70,692,571 14 275 0.006823693
A 83,390,010 1.0116 82,433,778 25 235 0.005307006
A 160,569,932 1.0029 160,105,626 47 327 0.006030971
E 175,171,857 0.9678 181,000,059 21 680 0.056242484
Random Totals: 553,208,466 555,444,323 126 1,873
CATG D1 EXCEPTION VALUES: 2,580,050 1,835,369
Total Test Values 555,788,516 557,279,692

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,863,985

Confidence Interval Values(5)

Local Test Value: 555,788,516 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 529,415,707 (State Test Value minus Margin of Error Percent)
State Upper Limit: 585,143,677 (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