taxes Property Tax Assistance

2016 Confidence Interval Detail

220/Tarrant
220-914/Kennedale ISD

Category Summary

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

Stratum
Variance
A 265,185,362 0.9922 267,270,069 50 1,986 .007866219
A 265,251,047 1.0122 262,053,988 50 1,438 .008873596
A 265,228,222 0.9590 276,567,489 47 1,131 .006123737
A 264,875,560 1.0133 261,398,954 36 753 .016967994
B 31,802,974 0.8093 39,296,891 16 212 .009954708
F1 19,918,745 0.9086 21,922,458 9 104 .011393320
F1 23,771,958 0.8906 26,692,071 8 47 .039853786
F1 22,685,336 0.9405 24,120,506 6 18 .006289195
F1 27,582,962 1.0332 26,696,634 3 6 .005903462
Random Totals: 1,186,302,166   1,206,019,060 225 5,695  
Catg D1 Exception Values: 86,086   43,759      
Catg B Exception Values: 45,659,000   43,768,694      
Total Test Values (4): 1,232,047,252   1,249,831,513      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 62,491,575

Confidence Interval Values (5)

State Lower Limit: 1,187,339,938 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,232,047,252 (Within Confidence Interval)
State Upper Limit: 1,312,323,088 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,174,740,511 (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