taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
043-912/Prosper ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 385,729,781 1.0107 381,646,167 42 909 0.002189737
A 745,891,682 1.0276 725,858,001 50 1,442 0.004816244
A 816,569,788 1.0243 797,197,880 50 1,279 0.003989546
A 1,970,826,831 1.0056 1,959,851,662 47 2,188 0.010774347
Random Totals: 3,919,018,082 3,864,553,710 189 5,818
CATG D1 EXCEPTION VALUES: 479,006 448,392
Total Test Values 3,919,497,088 3,865,002,102

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 193,250,105

Confidence Interval Values(5)

Local Test Value: 3,919,497,088 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,671,751,997 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,058,252,207 (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