taxes Property Tax Assistance

2023 Confidence Interval Detail

Tarrant County
220-916/Hurst-Euless-Bedford ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 1,916,050,612 0.9244 2,072,750,554 133 8,391 0.030124180
A 2,464,378,881 0.9643 2,555,614,312 159 8,421 0.013411680
A 3,969,214,644 1.0086 3,935,370,458 151 10,927 0.004945613
A 5,680,844,835 0.9905 5,735,330,475 154 10,879 0.004896600
B 732,295,802 1.0158 720,905,495 9 46 0.002261240
B 886,532,600 1.0178 871,028,296 8 26 0.015254392
B 1,234,335,823 1.0336 1,194,210,355 6 22 0.011839938
B 1,223,709,487 0.9970 1,227,391,662 5 12 0.004561139
F1 918,759,698 0.7222 1,272,167,956 10 696 0.198449110
F1 887,683,961 0.7488 1,185,475,375 10 156 0.248441261
F1 1,010,312,962 0.9430 1,071,381,720 9 57 0.007822503
F1 864,269,443 1.1483 752,651,261 4 6 0.141359871
L1 545,248,145 0.9685 562,982,081 11 618 0.002883601
L1 546,436,196 0.9844 555,095,689 10 55 0.007120503
L1 560,424,900 1.0058 557,193,180 5 8 0.000040511
Random Totals: 23,440,497,989 24,269,548,869 684 40,320
CATG D1 EXCEPTION VALUES: 98,102 122,353
CATG J EXCEPTION VALUES: 12,329,730 12,789,541
CATG L1 EXCEPTION VALUES: 464,895,456 464,918,351
Total Test Values 23,917,821,277 24,747,379,114

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,237,368,956

Confidence Interval Values(5)

Local Test Value: 23,917,821,277 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 23,510,010,158 (State Test Value minus Margin of Error Percent)
State Upper Limit: 25,984,748,070 (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