taxes Property Tax Assistance

2021 Confidence Interval Detail

Tarrant County
220-914/Kennedale ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 311,926,087 0.9230 337,948,090 39 1,712 0.008419198
A 354,696,295 0.9840 360,463,714 61 1,544 0.005276358
A 451,890,446 0.9779 462,102,921 72 1,565 0.003559136
A 457,437,012 0.9979 458,399,651 52 1,109 0.008345739
B 28,491,211 0.7686 37,068,971 8 28 0.103498696
F1 40,286,278 0.9964 40,431,833 11 116 0.006373417
F1 40,691,963 0.9457 43,028,405 8 41 0.003573567
F1 51,545,760 0.8873 58,092,821 7 18 0.045146457
Random Totals: 1,736,965,052 1,797,536,406 258 6,133
CATG B EXCEPTION VALUES: 91,079,773 94,530,045
CATG D1 EXCEPTION VALUES: 69,663 49,260
CATG F1 EXCEPTION VALUES: 32,311,366 30,881,524
Total Test Values 1,860,425,854 1,922,997,235

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 96,149,862

Confidence Interval Values(5)

Local Test Value: 1,860,425,854 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,826,847,373 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,019,147,097 (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