taxes Property Tax Assistance

2017 Confidence Interval Detail

061/Denton
061-905/Krum ISD

Category Summary

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

Stratum
Variance
A 63,978,812 0.9273 68,994,729 18 542 .024335086
A 82,053,317 0.9486 86,499,385 34 508 .003457419
A 121,066,785 0.9679 125,081,914 40 641 .006125607
A 120,750,740 1.0125 119,259,990 24 415 .012181697
E 137,546,416 0.9580 143,576,635 35 827 .019238815
F1 7,904,370 0.8598 9,193,266 9 42 .088126958
F1 8,816,084 0.9781 9,013,479 6 20 .003036235
F1 7,383,168 0.9874 7,477,383 4 9 .002927038
F1 10,387,206 1.0158 10,225,641 3 7 .001398488
G1 32,057,092 1.0862 29,513,066 10 255 .046586484
G1 32,684,676 0.9556 34,203,303 9 60 .009053011
G1 32,221,207 0.9828 32,785,111 8 31 .006708898
G1 31,052,832 1.0224 30,372,488 7 19 .013885823
Random Totals: 687,902,705   706,196,390 207 3,376  
Catg J Exception Values: 3,407,466   4,607,683      
Catg D1 Exception Values: 4,240,706   4,378,201      
Catg F1 Exception Values: 8,912,563   9,905,390      
Total Test Values (4): 704,463,440   725,087,664      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 36,254,383

Confidence Interval Values (5)

State Lower Limit: 688,833,281 (State Test Value minus Margin of Error Percent)
Local Test Value: 704,463,440 (Within Confidence Interval)
State Upper Limit: 761,342,047 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 727,413,703 (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