taxes Property Tax Assistance

2023 Confidence Interval Detail

Parker County
184-902/Springtown ISD

Category Summary

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

Stratum
Variance
A 246,777,001 1.0090 244,575,819 35 1,468 0.030121687
A 411,448,166 1.0085 407,980,333 46 1,620 0.014160850
A 305,989,832 1.0090 303,260,488 28 927 0.009581208
A 1,414,627,082 1.0369 1,364,284,967 50 2,858 0.003828645
E 356,451,820 1.0124 352,085,954 25 1,388 0.007607031
F1 25,461,976 1.0955 23,242,333 10 103 0.016111402
F1 31,385,706 1.0591 29,634,318 9 72 0.021928667
F1 47,278,846 1.1442 41,320,439 8 55 0.048167943
F1 84,049,819 1.1113 75,631,980 5 34 0.023170053
Random Totals: 2,923,470,248 2,842,016,631 216 8,525
CATG D1 EXCEPTION VALUES: 3,436,395 3,175,529
Total Test Values 2,926,906,643 2,845,192,160

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 142,259,608

Confidence Interval Values(5)

Local Test Value: 2,926,906,643 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,702,932,552 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,987,451,768 (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