taxes Property Tax Assistance

2019 Confidence Interval Detail

Denton County
061-912/Lake Dallas ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 284,665,940 0.9748 292,024,969 50 1560 0.003109453
A 436,208,617 0.9969 437,565,069 59 1884 0.001401007
A 520,305,900 1.0011 519,734,192 61 1835 0.017171408
A 511,767,535 0.9825 520,882,987 59 1202 0.011997910
F1 54,778,871 0.9851 55,607,422 9 77 0.004429351
F1 56,155,147 0.9678 58,023,504 7 29 0.071418546
F1 33,792,276 1.1064 30,542,549 6 10 0.026037865
F1 111,574,041 1.0335 107,957,466 3 12 0.003546525
Random Totals: 2,009,248,327 2,022,338,158 254 6,609
CATG D1 EXCEPTION VALUES: 37,329 39,242
Total Test Values(1) 2,009,285,656 2,022,377,400

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 101,118,870

Confidence Interval Values(5)

Local Test Value: 2,009,285,656 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,921,258,530 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,123,496,270 (State Test Value plus Margin of Error Percent)

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