taxes Property Tax Assistance

2023 Confidence Interval Detail

Parker County
184-903/Weatherford ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 674,092,342 0.9862 683,524,987 87 3,818 0.029838141
A 754,857,441 1.0089 748,198,475 104 2,883 0.010890414
A 1,533,627,827 1.0154 1,510,368,157 100 4,438 0.008243707
A 3,489,820,509 1.0121 3,448,098,517 100 6,484 0.010344132
B 103,231,178 1.0380 99,452,002 10 286 0.002330821
B 100,525,400 0.9163 109,707,956 8 44 0.084738671
B 62,938,836 1.1850 53,114,124 3 4 0.053613785
B 168,873,088 1.1085 152,349,032 2 3 0.026933816
E 992,228,037 0.9913 1,000,936,182 44 2,835 0.016625243
F1 237,872,336 1.0071 236,195,349 10 461 0.004662733
F1 334,237,297 1.0763 310,542,876 9 250 0.013523089
F1 326,945,115 1.0326 316,623,199 11 116 0.031299356
F1 410,642,170 1.0592 387,690,870 9 50 0.013984333
Random Totals: 9,189,891,576 9,056,801,726 497 21,672
CATG D1 EXCEPTION VALUES: 9,621,040 7,976,610
Total Test Values 9,199,512,616 9,064,778,336

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 453,238,917

Confidence Interval Values(5)

Local Test Value: 9,199,512,616 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 8,611,539,419 (State Test Value minus Margin of Error Percent)
State Upper Limit: 9,518,017,253 (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