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 0.9159 230,340,986 30 882 .020297544
A 284,943,441 0.9079 313,848,927 17 739 .039999839
A 237,286,958 0.9546 248,572,133 16 387 .007413545
A 228,330,718 0.9055 252,159,821 9 230 .024602325
E 231,436,563 0.9622 240,528,542 24 669 .019705073
Random Totals: 1,192,966,989   1,285,450,409 96 2,907  
Catg D1 Exception Values: 1,228,726   1,233,719      
Total Test Values (4): 1,194,195,715   1,286,684,128      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 64,334,206

Confidence Interval Values (5)

Local Test Value: 1,194,195,715 (Outside Confidence Interval)
State Lower Limit: 1,222,349,922 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,351,018,334 (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