taxes Property Tax Assistance

2017 Confidence Interval Detail

220/Tarrant
126-911/Godley ISD

Category Summary

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

Stratum
Variance
A 9,337,561 0.9584 9,742,864 8 33 .008035886
A 10,241,092 0.9728 10,527,438 8 33 .002611192
A 22,568,837 0.9225 24,464,864 6 68 .005654240
A 31,019,729 1.0019 30,960,903 10 79 .003827024
G1 3,759,580 1.0116 3,716,469 8 30 .004793167
Random Totals: 76,926,799   79,412,538 40 243  
Catg D1 Exception Values: 574,329   164,512      
Catg G1 Exception Values: 1,906,939   1,904,523      
Total Test Values (4): 79,408,067   81,481,573      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,074,078

Confidence Interval Values (5)

State Lower Limit: 77,407,495 (State Test Value minus Margin of Error Percent)
Local Test Value: 79,408,067 (Within Confidence Interval)
State Upper Limit: 85,555,651 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 72,425,683 (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