taxes Property Tax Assistance

2023 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 320,841,746 1.0106 317,476,495 38 1,582 0.023590531
A 426,615,509 1.0020 425,763,981 38 1,370 0.006657025
A 390,390,987 1.0269 380,164,560 27 905 0.010712254
A 1,407,409,920 1.0384 1,355,363,945 59 2,113 0.019309103
E 271,961,393 0.9332 291,428,839 19 891 0.146979332
F1 24,297,852 1.0219 23,777,133 9 82 0.092591125
F1 28,927,144 1.0980 26,345,304 8 47 0.011828434
F1 53,049,085 1.1298 46,954,403 8 38 0.055840340
F1 59,952,624 1.0017 59,850,878 4 16 0.001644846
Random Totals: 2,983,446,260 2,927,125,538 210 7,044
CATG D1 EXCEPTION VALUES: 1,308,034 1,150,438
Total Test Values 2,984,754,294 2,928,275,976

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 146,413,799

Confidence Interval Values(5)

Local Test Value: 2,984,754,294 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,781,862,177 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,074,689,775 (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