taxes Property Tax Assistance

2017 Confidence Interval Detail

061/Denton
061-903/Pilot Point ISD

Category Summary

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

Stratum
Variance
A 50,445,459 0.8641 58,379,191 16 503 .011667127
A 62,828,145 0.9038 69,515,540 21 400 .004866307
A 69,542,648 0.9034 76,978,800 14 295 .007786146
A 82,708,130 0.9535 86,741,615 13 195 .007751571
D2 31,458,012 1.0187 30,880,546 21 487 .033345385
E 179,296,457 1.0311 173,888,524 30 770 .028407965
F1 18,120,618 0.9464 19,146,891 9 97 .006166612
F1 19,848,375 0.9635 20,600,285 8 42 .006653426
F1 15,763,074 0.9749 16,168,914 6 17 .006829746
F1 21,333,690 1.0283 20,746,562 4 10 .016721610
Random Totals: 551,344,608   573,046,868 142 2,816  
Catg D1 Exception Values: 3,583,283   3,682,802      
Total Test Values (4): 554,927,891   576,729,670      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,836,483

Confidence Interval Values (5)

State Lower Limit: 547,893,187 (State Test Value minus Margin of Error Percent)
Local Test Value: 554,927,891 (Within Confidence Interval)
State Upper Limit: 605,566,153 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 567,970,693 (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, D2, E, 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