taxes Property Tax Assistance

2019 Confidence Interval Detail

Parker County
184-903/Weatherford ISD

Category Summary

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

Stratum
Variance
A 570,480,347 0.9194 620,492,002 48 4793 0.023301293
A 671,819,275 0.9649 696,257,928 49 3461 0.008339226
A 833,478,256 0.9914 840,708,348 50 3259 0.008209085
A 1,140,440,184 0.9837 1,159,337,383 50 2954 0.004872370
E 585,132,314 1.0643 549,781,372 37 2836 0.021474409
F1 214,149,073 0.9967 214,858,105 15 467 0.027449229
F1 226,882,940 0.9746 232,795,957 9 189 0.007962408
F1 219,162,074 0.9600 228,293,827 9 78 0.008217363
F1 245,960,013 0.9887 248,771,127 7 29 0.006542523
Random Totals: 4,707,504,476 4,791,296,049 274 18,066
CATG D1 EXCEPTION VALUES: 10,364,707 7,412,416
Total Test Values(1) 4,717,869,183 4,798,708,465

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 239,935,423

Confidence Interval Values(5)

Local Test Value: 4,717,869,183 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,558,773,042 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,038,643,888 (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