taxes Property Tax Assistance

2016 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 1,573,046,214 0.9428 1,668,483,468 150 11,536 .011744529
A 1,572,046,661 0.9676 1,624,686,504 147 8,679 .009595675
A 1,572,474,338 0.9576 1,642,099,350 151 7,033 .007152519
A 1,572,005,062 0.9735 1,614,797,187 150 4,961 .007686201
B 415,955,082 0.8134 511,378,267 25 775 .416869699
B 378,268,231 0.9784 386,619,206 8 35 .015618655
B 372,097,413 1.0032 370,910,499 9 21 .025371755
B 648,167,362 1.1570 560,213,796 6 20 .008022453
F1 466,220,366 1.0697 435,842,167 8 709 .075810593
F1 470,826,781 0.9684 486,190,398 8 181 .012445045
F1 471,400,938 1.0020 470,460,018 8 63 .043491510
F1 529,427,158 0.9912 534,127,480 7 27 .008645952
L1 272,996,719 1.0149 268,988,786 10 472 .007512825
L1 306,540,124 1.0146 302,129,040 8 76 .002322771
L1 268,729,196 0.9749 275,647,960 7 19 .004500442
L1 585,373,221 1.0071 581,246,372 3 7 .000479049
Random Totals: 11,475,574,866   11,733,820,498 705 34,614  
Catg D1 Exception Values: 30,945   16,200      
Total Test Values (4): 11,475,605,811   11,733,836,698      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 586,691,834

Confidence Interval Values (5)

State Lower Limit: 11,147,144,864 (State Test Value minus Margin of Error Percent)
Local Test Value: 11,475,605,811 (Within Confidence Interval)
State Upper Limit: 12,320,528,532 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 10,897,779,023 (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