taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
220/Tarrant
220-916/Hurst-Euless-Bedford ISD

Category Summary

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

Stratum
Variance
A 1,141,610,057 0.8488 1,344,969,436 99 10,509 .022618725
A 1,152,957,330 0.8876 1,298,960,489 99 7,781 .021639746
A 1,385,768,836 0.9053 1,530,728,859 100 7,553 .013213679
A 1,436,389,410 0.8941 1,606,519,864 100 5,327 .015776212
B 340,151,277 0.9368 363,099,143 19 460 .369311023
B 332,813,488 0.9219 361,008,231 9 34 .020569383
B 355,496,570 0.9598 370,386,091 8 22 .028835933
B 394,677,156 1.1175 353,178,663 5 13 .022288050
F1 420,808,492 0.9104 462,223,739 14 674 .067345691
F1 427,361,797 0.9061 471,649,704 9 179 .032504828
F1 459,527,062 0.9019 509,509,992 9 65 .004456413
F1 454,815,615 0.9085 500,622,581 7 23 .010300269
L1 218,248,492 0.9725 224,420,043 10 500 .018746521
L1 244,576,505 1.0024 243,990,927 9 66 .000495999
L1 355,038,516 0.9959 356,500,167 7 25 .003779822
Random Totals: 9,120,240,603   9,997,767,929 504 33,231  
Catg J Exception Values: 17,617,915   18,318,836      
Catg D1 Exception Values: 27,505   11,596      
Catg L1 Exception Values: 363,654,064   365,003,184      
Total Test Values (4): 9,501,540,087   10,381,101,545      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 519,055,077

Confidence Interval Values (5)

Local Test Value: 9,501,540,087 (Outside Confidence Interval)
State Lower Limit: 9,862,046,468 (State Test Value minus Margin of Error Percent)
State Upper Limit: 10,900,156,622 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 9,603,429,473 (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