taxes Property Tax Assistance

2023 Confidence Interval Detail

Parker County
184-904/Millsap ISD

Category Summary

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

Stratum
Variance
A 55,509,349 0.9172 60,520,442 9 327 0.010590946
A 56,252,237 1.0611 53,013,134 9 189 0.011118509
A 88,511,266 1.0132 87,358,139 17 229 0.004178717
A 237,177,607 1.0281 230,695,075 37 407 0.002959623
E 279,272,628 0.9675 288,653,879 21 1,003 0.018309083
F1 11,412,430 1.0735 10,631,048 8 41 0.012579628
F1 11,317,640 0.9793 11,556,867 6 15 0.008966844
F1 9,914,736 1.3390 7,404,319 6 11 0.013476600
F1 9,203,200 1.0356 8,886,487 2 3 0.008507108
Random Totals: 758,571,093 758,719,390 115 2,225
CATG D1 EXCEPTION VALUES: 4,170,978 3,679,435
CATG J EXCEPTION VALUES: 28,041,840 29,246,145
Total Test Values 790,783,911 791,644,970

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,582,249

Confidence Interval Values(5)

Local Test Value: 790,783,911 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 752,062,721 (State Test Value minus Margin of Error Percent)
State Upper Limit: 831,227,219 (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