taxes Property Tax Assistance

2016 Confidence Interval Detail

220/Tarrant
220-910/Lake Worth ISD

Category Summary

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

Stratum
Variance
A 86,373,902 0.9746 88,624,976 16 1,161 .038010356
A 86,212,627 0.9465 91,085,713 23 746 .013425069
A 86,442,487 1.0154 85,131,462 32 594 .005906351
A 85,962,269 1.0314 83,345,229 30 451 .016881106
B 23,861,644 0.8660 27,553,861 5 9 .026893568
B 44,877,494 0.9123 49,191,597 4 5 .051855002
F1 66,406,581 0.8907 74,555,497 9 101 .008365489
F1 75,091,790 0.9333 80,458,363 7 39 .033798039
F1 93,411,643 1.0037 93,067,294 6 20 .023787617
F1 55,738,433 1.0422 53,481,513 3 5 .012295525
L1 26,069,232 1.0689 24,388,841 9 180 .011073036
L1 21,014,105 1.0092 20,822,538 7 24 .002095067
L1 24,466,395 0.9869 24,791,159 3 8 .000640715
Random Totals: 775,928,602   796,498,043 154 3,343  
Catg D1 Exception Values: 51,120   23,099      
Catg B Exception Values: 27,780,000   28,457,949      
Catg L1 Exception Values: 11,841,234   13,012,305      
Total Test Values (4): 815,600,956   837,991,396      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 41,899,569

Confidence Interval Values (5)

State Lower Limit: 796,091,827 (State Test Value minus Margin of Error Percent)
Local Test Value: 815,600,956 (Within Confidence Interval)
State Upper Limit: 879,890,965 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 813,732,585 (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