taxes Property Tax Assistance

2023 Confidence Interval Detail

Parker County
184-907/Aledo ISD

Category Summary

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

Stratum
Variance
A 286,635,067 0.9850 291,000,068 28 954 0.006487146
A 734,917,555 0.9968 737,276,841 59 1,838 0.006897384
A 1,289,792,089 1.0080 1,279,555,644 75 2,580 0.011490039
A 3,750,031,219 0.9815 3,820,714,436 74 4,820 0.006320870
E 463,158,250 0.9195 503,706,634 17 977 0.039698248
F1 74,255,614 1.1060 67,138,892 10 144 0.134362228
F1 87,974,863 1.1580 75,971,384 9 68 0.019832286
F1 136,218,304 1.0274 132,585,462 8 54 0.006831310
F1 185,743,135 1.0925 170,016,600 5 24 0.020704168
Random Totals: 7,008,726,096 7,077,965,961 285 11,459
CATG D1 EXCEPTION VALUES: 3,390,382 2,801,982
Total Test Values 7,012,116,478 7,080,767,943

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 354,038,397

Confidence Interval Values(5)

Local Test Value: 7,012,116,478 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,726,729,546 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,434,806,340 (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