taxes Property Tax Assistance

2017 Confidence Interval Detail

061/Denton
061-912/Lake Dallas ISD

Category Summary

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

Stratum
Variance
A 233,223,080 0.9197 253,586,039 53 1,574 .010757184
A 287,121,616 0.9406 305,253,685 98 1,499 .006128880
A 458,811,940 0.9803 468,032,174 151 1,946 .004944159
A 434,370,653 0.9695 448,035,743 82 1,185 .004607907
F1 48,590,969 0.9640 50,405,570 9 78 .001457510
F1 38,150,685 0.9957 38,315,441 7 21 .003689078
F1 51,689,373 1.1033 46,849,790 6 16 .020967788
F1 50,125,618 1.0225 49,022,609 3 6 .007511739
Random Totals: 1,602,083,934   1,659,501,051 409 6,325  
Catg D1 Exception Values: 45,477   49,143      
Total Test Values (4): 1,602,129,411   1,659,550,194      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 82,977,509

Confidence Interval Values (5)

State Lower Limit: 1,576,572,685 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,602,129,411 (Within Confidence Interval)
State Upper Limit: 1,742,527,703 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,707,460,357 (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