taxes Property Tax Assistance

2017 Confidence Interval Detail

220/Tarrant
220-916/Hurst-Euless-Bedford ISD

Category Summary

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

Stratum
Variance
A 1,282,449,081 0.9089 1,410,990,297 161 9,296 .014951250
A 1,431,079,351 0.9318 1,535,822,442 153 7,851 .009207612
A 2,047,718,778 0.9424 2,172,876,462 148 9,115 .007260739
A 2,469,620,758 0.9700 2,546,000,781 132 7,764 .010737080
B 301,229,673 0.8873 339,490,221 26 561 1.490446717
B 298,162,979 1.0273 290,239,442 9 23 .007536286
B 535,395,936 1.0417 513,963,652 7 25 .007070926
B 1,034,877,508 1.0697 967,446,488 6 22 .004046182
F1 469,644,197 0.9480 495,405,271 12 663 .112521195
F1 559,882,822 0.9070 617,290,873 11 195 .039098037
F1 460,177,258 0.8287 555,300,179 8 58 .011464308
F1 729,744,768 0.9594 760,626,191 8 34 .019184006
L1 424,285,954 1.0177 416,906,705 12 633 .066972587
L1 373,878,124 1.0310 362,636,396 10 60 .003174857
L1 260,106,890 0.8362 311,058,228 6 9 .220370519
Random Totals: 12,678,254,077   13,296,053,628 709 36,309  
Catg J Exception Values: 18,770,200   15,440,838      
Catg D1 Exception Values: 31,270   14,406      
Catg L1 Exception Values: 395,349,518   396,109,505      
Total Test Values (4): 13,092,405,065   13,707,618,377      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 685,380,918

Confidence Interval Values (5)

State Lower Limit: 13,022,237,459 (State Test Value minus Margin of Error Percent)
Local Test Value: 13,092,405,065 (Within Confidence Interval)
State Upper Limit: 14,392,999,295 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 12,585,313,523 (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