taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
061/Denton
061-903/Pilot Point ISD

Category Summary

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

Stratum
Variance
A 44,234,919 0.9347 47,325,258 23 543 .022250520
A 55,172,203 0.9740 56,644,972 40 418 .010654544
A 54,084,419 0.9125 59,270,596 14 259 .011941669
A 54,109,576 0.9586 56,446,459 9 135 .008625207
D2 28,508,530 0.8603 33,137,894 11 473 .134064386
E 142,596,623 0.9706 146,915,952 16 747 .077599919
F1 14,687,136 1.0502 13,985,085 10 90 .030477920
F1 15,717,757 0.9922 15,841,319 9 42 .005342941
F1 17,956,667 0.9576 18,751,741 8 22 .002410067
F1 13,665,909 0.9694 14,097,286 4 6 .003527655
Random Totals: 440,733,739   462,416,562 144 2,735  
Catg J Exception Values: 14,719,860   15,435,843      
Catg D1 Exception Values: 4,485,771   4,740,941      
Total Test Values (4): 459,939,370   482,593,346      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,129,667

Confidence Interval Values (5)

State Lower Limit: 458,463,679 (State Test Value minus Margin of Error Percent)
Local Test Value: 459,939,370 (Within Confidence Interval)
State Upper Limit: 506,723,013 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 469,608,097 (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