taxes Property Tax Assistance

2022 Confidence Interval Detail

Denton County
061-903/Pilot Point ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 89,671,743 0.8230 108,957,160 22 549 0.047107545
A 112,080,482 0.9153 122,452,182 36 456 0.018183196
A 160,839,441 0.9746 165,031,234 46 480 0.010282429
A 178,497,712 0.9407 189,749,880 13 277 0.045016491
E 307,879,476 0.8385 367,178,862 28 728 0.076026219
F1 24,181,052 0.7115 33,986,018 12 103 0.074927841
F1 20,303,385 0.7996 25,391,927 10 36 0.072417260
F1 32,417,830 0.9970 32,515,376 7 29 0.032560227
F1 25,768,896 1.1690 22,043,538 7 9 0.085926188
Random Totals: 951,640,017 1,067,306,177 181 2,667
CATG D1 EXCEPTION VALUES: 3,094,186 2,925,323
Total Test Values 954,734,203 1,070,231,500

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 53,511,575

Confidence Interval Values(5)

Local Test Value: 954,734,203 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,016,719,925 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,123,743,075 (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