taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
061/Denton
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 210,969,309 0.9320 226,361,920 27 882 .016145844
A 284,943,441 0.9631 295,860,701 14 739 .014391572
A 237,286,958 0.9546 248,572,133 16 387 .007413545
A 228,330,718 0.9650 236,612,143 8 230 .012385345
E 231,436,563 0.9670 239,334,605 22 669 .021773520
Random Totals: 1,192,966,989   1,246,741,502 87 2,907  
Catg D1 Exception Values: 1,228,726   1,233,719      
Total Test Values (4): 1,194,195,715   1,247,975,221      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 62,398,761

Confidence Interval Values (5)

State Lower Limit: 1,185,576,460 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,194,195,715 (Within Confidence Interval)
State Upper Limit: 1,310,373,982 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,319,693,996 (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