taxes Property Tax Assistance

2021 Confidence Interval Detail

Denton County
061-914/Little Elm ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 1,132,875,342 0.9233 1,226,985,099 99 4,778 0.007058964
A 1,435,668,523 0.9651 1,487,585,248 99 4,869 0.003644107
A 1,574,088,841 0.9769 1,611,310,104 99 4,225 0.005899027
A 1,786,846,228 0.9565 1,868,108,968 99 3,047 0.014347715
F1 80,303,507 0.9974 80,512,840 10 177 0.014777645
F1 50,516,264 0.9970 50,668,269 8 23 0.090666335
F1 60,797,763 0.7585 80,155,258 6 14 0.059882123
F1 88,073,263 0.7955 110,714,347 3 6 0.022667987
Random Totals: 6,209,169,731 6,516,040,133 423 17,139
CATG D1 EXCEPTION VALUES: 98,607 99,626
Total Test Values 6,209,268,338 6,516,139,759

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 325,806,988

Confidence Interval Values(5)

Local Test Value: 6,209,268,338 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,190,332,771 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,841,946,747 (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