taxes Property Tax Assistance

2017 Confidence Interval Detail

220/Tarrant
220-910/Lake Worth ISD

Category Summary

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

Stratum
Variance
A 86,564,204 0.9185 94,245,187 15 1,168 .014855643
A 55,994,240 0.9614 58,242,397 12 496 .020944111
A 88,456,379 0.9487 93,239,569 31 615 .003850151
A 135,956,678 1.0227 132,938,964 34 710 .013031359
B 23,967,699 0.9365 25,592,845 6 17 .086854793
F1 73,678,013 0.9416 78,247,677 11 104 .017198288
F1 73,928,728 0.9140 80,884,823 9 37 .019448804
F1 67,258,854 0.8793 76,491,361 8 15 .027365271
F1 118,111,844 0.9226 128,020,642 4 10 .001032308
L1 21,666,408 1.2102 17,903,163 14 179 .096213272
L1 27,450,477 1.0787 25,447,740 10 42 .036843355
L1 18,012,205 0.9751 18,472,162 5 8 .002989848
L1 19,118,165 1.0560 18,104,323 3 3 .009268519
Random Totals: 810,163,894   847,830,853 162 3,404  
Catg D1 Exception Values: 58,656   22,067      
Catg B Exception Values: 57,498,780   64,069,440      
Total Test Values (4): 867,721,330   911,922,360      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 45,596,118

Confidence Interval Values (5)

State Lower Limit: 866,326,242 (State Test Value minus Margin of Error Percent)
Local Test Value: 867,721,330 (Within Confidence Interval)
State Upper Limit: 957,518,478 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 903,910,214 (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