taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
184/Parker
220-915/Azle ISD

Category Summary

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

Stratum
Variance
A 144,588,240 0.9654 149,770,292 10 1,711 .000882204
A 151,695,290 0.9628 157,556,388 14 867 .001629176
A 151,648,230 0.9703 156,290,044 14 566 .001303553
A 150,001,010 0.9959 150,618,546 19 344 .002967740
E 86,580,000 0.9772 88,600,082 15 858 .009367302
F1 9,679,030 0.9871 9,805,521 11 59 .001082939
F1 9,444,320 0.9456 9,987,648 10 26 .035112521
F1 9,037,180 0.6679 13,530,738 5 13 .222069301
G1 10,247,070 0.9868 10,384,141 9 35 .032503330
G1 9,343,590 1.0157 9,199,163 6 14 .010018711
G1 10,700,290 1.0396 10,292,699 5 10 .051925559
G1 8,658,390 0.9875 8,767,990 3 5 .046676578
Random Totals: 751,622,640   774,803,252 121 4,508  
Catg D1 Exception Values: 1,392,500   1,054,979      
Catg F1 Exception Values: 22,979,090   22,561,405      
Total Test Values (4): 775,994,230   798,419,636      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,920,982

Confidence Interval Values (5)

State Lower Limit: 758,498,654 (State Test Value minus Margin of Error Percent)
Local Test Value: 775,994,230 (Within Confidence Interval)
State Upper Limit: 838,340,618 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 834,986,031 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories