taxes Property Tax Assistance

2017 Confidence Interval Detail

184/Parker
220-915/Azle ISD

Category Summary

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

Stratum
Variance
A 156,839,077 0.8599 182,392,228 45 1,650 .047127744
A 200,170,710 0.9206 217,435,053 41 1,070 .046268876
A 189,540,540 0.8858 213,976,676 26 676 .008480097
A 290,626,375 0.9750 298,078,333 41 657 .007193914
E 108,331,813 0.8769 123,539,529 11 896 .076206423
F1 14,042,240 0.9532 14,731,683 9 77 .007096821
F1 18,931,920 0.9413 20,112,525 7 35 .018528842
F1 15,449,770 0.9590 16,110,292 5 12 .002673207
Random Totals: 993,932,445   1,086,376,319 185 5,073  
Catg D1 Exception Values: 1,492,969   1,099,214      
Catg F1 Exception Values: 12,476,560   13,498,669      
Total Test Values (4): 1,007,901,974   1,100,974,202      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 55,048,710

Confidence Interval Values (5)

Local Test Value: 1,007,901,974 (Outside Confidence Interval)
State Lower Limit: 1,045,925,492 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,156,022,912 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,040,089,018 (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