taxes Property Tax Assistance

2017 Confidence Interval Detail

220/Tarrant
220-914/Kennedale ISD

Category Summary

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

Stratum
Variance
A 244,342,714 0.9115 268,066,609 71 1,791 .008885906
A 258,529,631 0.9695 266,662,848 61 1,392 .012310028
A 304,765,813 0.9738 312,965,509 68 1,293 .006860856
A 351,565,879 0.9965 352,800,681 39 992 .004617647
B 57,503,607 0.9044 63,582,051 14 342 .001909862
F1 23,866,500 0.8546 27,927,100 9 109 .018965103
F1 25,958,042 0.7740 33,537,522 10 46 .026082949
F1 28,590,964 0.8147 35,093,855 7 21 .026204271
Random Totals: 1,295,123,150   1,360,636,175 279 5,986  
Catg D1 Exception Values: 76,799   32,473      
Catg B Exception Values: 48,630,000   50,675,365      
Catg F1 Exception Values: 22,468,169   23,767,821      
Total Test Values (4): 1,366,298,118   1,435,111,834      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 71,755,591

Confidence Interval Values (5)

State Lower Limit: 1,363,356,243 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,366,298,118 (Within Confidence Interval)
State Upper Limit: 1,506,867,425 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,285,002,175 (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