taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
043-905/Frisco ISD

Category Summary

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

Stratum
Variance
A 2,505,647,698 0.9967 2,513,943,712 149 5,317 0.007288620
A 3,313,742,085 1.0112 3,277,039,245 147 5,520 0.004946045
A 5,388,336,189 1.0211 5,276,991,665 147 7,299 0.004194838
A 8,831,706,270 0.9757 9,051,661,648 146 8,160 0.011299829
B 1,356,547,825 1.5818 857,597,563 8 32 0.067247198
F1 343,224,209 1.0813 317,418,116 10 192 0.017983723
F1 309,562,720 0.9356 330,870,799 9 58 0.438084455
F1 405,633,195 1.2861 315,397,866 8 35 0.023890448
F1 340,373,974 1.0427 326,435,191 6 11 0.082682709
Random Totals: 22,794,774,165 22,267,355,805 630 26,624
CATG D1 EXCEPTION VALUES: 123,209 118,216
Total Test Values 22,794,897,374 22,267,474,021

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,113,373,701

Confidence Interval Values(5)

Local Test Value: 22,794,897,374 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 21,154,100,320 (State Test Value minus Margin of Error Percent)
State Upper Limit: 23,380,847,722 (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