taxes Property Tax Assistance

2017 Confidence Interval Detail

061/Denton
061-914/Little Elm ISD

Category Summary

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

Stratum
Variance
A 536,167,688 0.9525 562,905,709 153 2,928 .005358612
A 954,341,603 0.9603 993,795,275 290 4,166 .003824747
A 1,049,031,303 0.9802 1,070,221,693 233 3,482 .004627226
A 993,584,066 0.9863 1,007,385,244 113 2,011 .003693760
Random Totals: 3,533,124,660   3,634,307,921 789 12,587  
Catg D1 Exception Values: 165,359   169,924      
Total Test Values (4): 3,533,290,019   3,634,477,845      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 181,723,892

Confidence Interval Values (5)

State Lower Limit: 3,452,753,953 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,533,290,019 (Within Confidence Interval)
State Upper Limit: 3,816,201,737 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,773,452,079 (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