taxes Property Tax Assistance

2021 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 352,368,581 0.9198 383,092,608 43 1,735 0.006189256
A 423,571,466 0.9651 438,888,681 51 1,665 0.002889256
A 610,053,657 0.9875 617,775,855 49 1,964 0.004442107
A 616,747,191 0.9677 637,333,048 48 1,337 0.008344829
B 164,914,092 0.8594 191,894,452 8 24 0.115484206
F1 67,119,313 1.0006 67,079,066 9 88 0.042010145
F1 63,521,250 1.0183 62,379,701 8 30 0.051137452
F1 65,712,197 0.9298 70,673,475 7 18 0.028826885
F1 73,397,015 0.8992 81,624,794 4 8 0.012814291
Random Totals: 2,437,404,762 2,550,741,680 227 6,869
CATG D1 EXCEPTION VALUES: 29,686 25,858
Total Test Values 2,437,434,448 2,550,767,538

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 127,538,377

Confidence Interval Values(5)

Local Test Value: 2,437,434,448 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,423,229,161 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,678,305,915 (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