taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
061-911/Northwest ISD

Category Summary

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

Stratum
Variance
A 1,539,787,614 0.9973 1,543,956,296 100 4,781 0.005352646
A 2,730,715,044 1.0139 2,693,278,473 100 6,501 0.006376126
A 3,207,176,336 1.0156 3,157,912,895 97 5,783 0.005891034
A 3,837,316,167 0.9906 3,873,729,222 99 4,197 0.025192788
B 846,225,967 1.2194 693,969,138 8 28 0.019467744
C1 53,214,945 0.7427 71,650,660 7 586 0.313263883
C1 86,651,582 1.0169 85,211,508 19 348 0.086827668
C1 99,068,143 0.9760 101,504,245 9 86 0.011303975
C1 109,984,651 0.9092 120,968,600 6 19 0.050447763
E 492,710,201 0.9238 533,351,592 9 686 0.081713987
F1 883,847,367 1.1616 760,887,885 11 280 0.037370803
F1 862,401,414 1.2309 700,626,707 7 40 0.036159148
F1 1,177,597,608 1.2151 969,136,374 7 29 0.019380313
F1 1,866,551,700 1.1746 1,589,095,607 5 23 0.008992137
G1 131,079,935 0.8310 157,737,587 10 369 0.151701617
G1 131,855,455 1.0241 128,752,519 10 151 0.007509745
G1 131,941,942 0.9961 132,458,530 9 90 0.007743079
G1 129,240,165 1.0547 122,537,371 9 48 0.006675733
L1 708,225,939 1.0076 702,884,020 11 85 0.000431166
L1 662,767,150 1.0258 646,097,826 7 11 0.001985008
L1 711,651,303 1.0051 708,057,716 3 7 0.000044663
Random Totals: 20,400,010,628 19,493,804,771 543 24,148
CATG D1 EXCEPTION VALUES: 3,519,918 3,163,701
CATG J EXCEPTION VALUES: 30,624,992 31,439,877
CATG L1 EXCEPTION VALUES: 579,745,103 577,832,973
Total Test Values 21,013,900,641 20,106,241,322

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,005,312,066

Confidence Interval Values(5)

Local Test Value: 21,013,900,641 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 19,100,929,256 (State Test Value minus Margin of Error Percent)
State Upper Limit: 21,111,553,388 (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