taxes Property Tax Assistance

2016 Confidence Interval Detail

220/Tarrant
126-902/Burleson ISD

Category Summary

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

Stratum
Variance
A 235,832,646 0.9812 240,351,249 51 1,844 .018031908
A 236,020,624 0.9955 237,087,518 49 1,497 .004823902
A 235,768,051 0.9666 243,914,806 50 1,209 .009081980
A 235,652,936 0.9901 238,009,227 37 715 .015339092
F1 70,310,745 0.9795 71,782,282 7 72 .025455281
F1 67,912,626 0.8331 81,517,976 7 24 .074218764
F1 63,831,967 1.0561 60,441,215 5 9 .124817954
F1 74,435,645 1.0213 72,883,232 3 6 .015987366
G1 7,129,430 0.9519 7,489,684 9 58 .060401010
G1 6,851,810 1.0289 6,659,355 7 19 .006415070
G1 7,103,570 1.0081 7,046,493 5 11 .003624599
G1 6,413,850 1.0492 6,113,086 3 4 .011187155
L1 31,070,533 1.0356 30,002,446 9 136 .011804733
L1 15,216,923 1.0283 14,798,136 6 15 .002484987
L1 24,157,784 0.9896 24,411,665 4 8 .010178521
Random Totals: 1,317,709,140   1,342,508,370 252 5,627  
Catg D1 Exception Values: 181,828   136,405      
Catg L1 Exception Values: 27,489,557   33,645,664      
Total Test Values (4): 1,345,380,525   1,376,290,439      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 68,814,521

Confidence Interval Values (5)

State Lower Limit: 1,307,475,918 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,345,380,525 (Within Confidence Interval)
State Upper Limit: 1,445,104,960 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,302,082,970 (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