taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
061/Denton
043-905/Frisco ISD

Category Summary

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

Stratum
Variance
A 1,170,239,659 0.9546 1,225,895,306 206 4,953 .004034916
A 1,535,015,510 0.9586 1,601,309,733 239 4,989 .003919863
A 1,745,635,403 0.9671 1,805,020,580 244 4,502 .003154539
A 2,156,430,140 0.9707 2,221,520,696 247 3,905 .002950854
F1 104,350,849 0.9929 105,097,038 9 70 .000986287
F1 118,277,743 0.9420 125,560,237 9 42 .039114420
F1 120,718,226 0.9826 122,855,919 11 21 .001143422
Random Totals: 6,950,667,530   7,207,259,509 965 18,482  
Catg D1 Exception Values: 614,510   654,662      
Catg F1 Exception Values: 94,653,551   105,237,735      
Total Test Values (4): 7,045,935,591   7,313,151,906      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 365,657,595

Confidence Interval Values (5)

State Lower Limit: 6,947,494,311 (State Test Value minus Margin of Error Percent)
Local Test Value: 7,045,935,591 (Within Confidence Interval)
State Upper Limit: 7,678,809,501 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 7,375,758,612 (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