taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
057-903/Carrollton-Farmers Branch ISD

Category Summary

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

Stratum
Variance
A 209,423,262 0.9394 222,933,002 15 749 0.011930681
A 680,527,330 0.9477 718,083,075 38 2,130 0.007338676
A 1,616,469,490 0.9732 1,660,983,857 57 4,404 0.005721261
A 2,339,913,196 1.0120 2,312,167,190 59 4,841 0.006494602
B 1,856,252,797 1.1843 1,567,383,937 12 47 0.042580429
F1 119,382,572 1.1064 107,901,819 9 90 0.015741214
F1 136,047,901 1.1010 123,567,576 8 33 0.018292715
F1 104,034,731 1.3899 74,850,515 6 11 0.067715446
F1 114,344,891 1.2354 92,559,534 5 9 0.103549840
Random Totals: 7,176,396,170 6,880,430,505 209 12,314
CATG D1 EXCEPTION VALUES: 0 0
Total Test Values 7,176,396,170 6,880,430,505

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 344,021,525

Confidence Interval Values(5)

Local Test Value: 7,176,396,170 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,536,408,980 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,224,452,030 (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