taxes Property Tax Assistance

2021 Confidence Interval Detail

Parker County
220-915/Azle ISD

Category Summary

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

Stratum
Variance
A 266,710,392 0.9758 273,324,853 47 1,772 0.015548727
A 312,543,780 1.0067 310,463,673 64 1,213 0.012367812
A 353,339,194 0.9859 358,392,529 65 963 0.008328172
A 512,661,448 0.9714 527,755,248 60 931 0.011448185
E 178,682,636 1.0982 162,705,005 12 883 0.014332569
F1 21,504,250 0.7724 27,840,821 11 81 0.194119124
F1 27,020,380 0.8909 30,329,307 8 45 0.020560623
F1 24,729,640 0.9343 26,468,629 7 18 0.007685841
F1 23,284,790 0.9176 25,375,752 4 6 0.009029816
Random Totals: 1,720,476,510 1,742,655,817 278 5,912
CATG D1 EXCEPTION VALUES: 1,279,874 942,080
Total Test Values 1,721,756,384 1,743,597,897

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 87,179,895

Confidence Interval Values(5)

Local Test Value: 1,721,756,384 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,656,418,002 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,830,777,792 (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