taxes Property Tax Assistance

2017 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 199,049,558 0.9166 217,160,766 55 1,533 .008942201
A 265,967,490 0.9636 276,014,415 78 1,668 .006509775
A 306,195,292 0.9843 311,079,236 82 1,533 .007229443
A 352,432,497 0.9956 353,990,053 47 1,136 .013394449
F1 59,932,437 0.9386 63,853,012 10 61 .049829114
F1 79,024,820 0.9107 86,773,713 7 27 .042912791
F1 35,744,158 0.8836 40,452,872 6 5 .047869811
F1 126,337,146 0.8780 143,891,966 3 8 .001355795
L1 27,226,691 1.0360 26,280,590 10 149 .039809867
L1 31,195,312 0.9880 31,574,202 8 32 .008462881
L1 20,154,816 1.0404 19,372,180 4 6 .015356309
Random Totals: 1,503,260,217   1,570,443,005 310 6,158  
Catg D1 Exception Values: 183,497   126,098      
Catg L1 Exception Values: 9,000,566   9,086,698      
Total Test Values (4): 1,512,444,280   1,579,655,801      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 78,982,790

Confidence Interval Values (5)

State Lower Limit: 1,500,673,011 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,512,444,280 (Within Confidence Interval)
State Upper Limit: 1,658,638,591 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,430,870,872 (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