taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
061-910/Argyle ISD

Category Summary

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

Stratum
Variance
A 539,439,738 1.0145 531,729,658 46 1,228 0.009495301
A 1,045,424,398 1.0111 1,033,947,580 53 1,765 0.006495803
A 1,726,433,154 0.9878 1,747,755,774 59 2,261 0.005976024
A 1,782,914,194 0.9837 1,812,457,247 47 1,286 0.018132124
E 599,499,916 0.9601 624,414,036 10 610 0.056697387
Random Totals: 5,693,711,400 5,750,304,295 215 7,150
CATG D1 EXCEPTION VALUES: 616,974 529,826
Total Test Values 5,694,328,374 5,750,834,121

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 287,541,706

Confidence Interval Values(5)

Local Test Value: 5,694,328,374 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 5,463,292,415 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,038,375,827 (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