taxes Property Tax Assistance

2023 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 5,013,150 0.9621 5,210,633 9 38 0.059048056
A 8,044,226 0.8904 9,034,396 8 34 0.053968895
A 5,742,420 0.9902 5,799,253 7 17 0.011039072
A 13,790,873 1.0744 12,835,883 6 29 0.029848958
E 92,881,839 0.9466 98,121,529 20 317 0.030641966
Random Totals: 125,472,508 131,001,694 50 435
CATG D1 EXCEPTION VALUES: 1,850,980 1,621,904
Total Test Values 127,323,488 132,623,598

Margin of Error

Margin of Error Percent: 5.8809510
Margin of Error Value: 7,799,529

Confidence Interval Values(5)

Local Test Value: 127,323,488 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 124,824,069 (State Test Value minus Margin of Error Percent)
State Upper Limit: 140,423,127 (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