taxes Property Tax Assistance

2021 Confidence Interval Detail

Parker County
184-902/Springtown ISD

Category Summary

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

Stratum
Variance
A 235,504,468 1.0034 234,706,466 49 1,855 0.014285200
A 318,967,748 0.9947 320,667,285 47 1,560 0.007676054
A 254,601,815 0.9990 254,856,672 49 924 0.010258578
A 583,975,262 1.0036 581,880,492 50 1,583 0.004018272
E 248,691,024 1.0432 238,392,469 24 1,348 0.038048230
F1 18,398,870 0.9331 19,718,005 10 99 0.049331523
F1 28,610,860 0.8923 32,064,171 10 81 0.026608646
F1 28,936,820 0.9069 31,907,399 8 44 0.033401534
F1 33,464,250 0.9320 35,905,848 5 16 0.005132020
Random Totals: 1,751,151,117 1,750,098,807 252 7,510
CATG D1 EXCEPTION VALUES: 3,472,142 2,649,435
Total Test Values 1,754,623,259 1,752,748,242

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 87,637,412

Confidence Interval Values(5)

Local Test Value: 1,754,623,259 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,665,110,830 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,840,385,654 (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