taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
061-903/Pilot Point ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 117,449,747 0.8797 133,511,137 13 599 0.023649639
A 137,222,855 0.9567 143,433,527 31 480 0.008907248
A 239,620,697 1.0202 234,876,198 23 597 0.005260308
A 213,709,697 1.0197 209,580,952 12 274 0.009404211
E 462,420,765 0.9841 469,892,049 14 742 0.011319592
F1 28,157,047 1.0069 27,964,095 11 106 0.050357261
F1 30,236,756 0.8570 35,282,096 9 45 0.135638260
F1 32,039,470 0.9941 32,229,625 11 25 0.054636875
F1 42,225,301 0.9703 43,517,779 6 14 0.067028195
Random Totals: 1,303,082,335 1,330,287,458 130 2,882
CATG D1 EXCEPTION VALUES: 3,124,955 2,860,956
Total Test Values 1,306,207,290 1,333,148,414

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 66,657,421

Confidence Interval Values(5)

Local Test Value: 1,306,207,290 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,266,490,993 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,399,805,835 (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