taxes Property Tax Assistance

2023 Confidence Interval Detail

Tarrant County
220-910/Lake Worth ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 90,594,404 0.8965 101,053,434 10 587 0.015091443
A 121,413,222 0.9645 125,882,034 18 618 0.019451723
A 187,278,854 0.9940 188,409,310 24 775 0.009124968
A 439,910,688 1.0388 423,479,677 44 1,342 0.008583659
B 273,090,748 0.9819 278,124,807 6 16 0.002546137
F1 108,339,467 0.8483 127,713,624 10 103 0.064857977
F1 114,927,168 1.0109 113,687,969 8 42 0.063001548
F1 135,812,575 0.9287 146,239,448 7 22 0.019493752
F1 124,361,471 0.9044 137,507,155 4 6 0.012540654
L1 26,456,358 1.0235 25,848,909 12 205 0.015968507
L1 27,888,193 1.0468 26,641,377 9 42 0.009264470
L1 36,859,734 0.9677 38,090,042 6 12 0.008523123
Random Totals: 1,686,932,882 1,732,677,786 158 3,770
CATG D1 EXCEPTION VALUES: 29,822 36,017
CATG L1 EXCEPTION VALUES: 26,381,790 26,474,012
Total Test Values 1,713,344,494 1,759,187,815

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 87,959,391

Confidence Interval Values(5)

Local Test Value: 1,713,344,494 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,671,228,424 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,847,147,206 (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