taxes Property Tax Assistance

2023 Confidence Interval Detail

Denton County
061-912/Lake Dallas ISD

Category Summary

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

Stratum
Variance
A 367,257,956 0.9292 395,241,020 38 1,354 0.013106175
A 659,265,508 0.9875 667,610,641 50 1,925 0.005746902
A 839,821,835 1.0013 838,731,484 52 2,004 0.017457955
A 1,256,818,841 1.0120 1,241,915,851 46 1,947 0.008939750
B 156,158,528 1.1065 141,128,358 9 25 0.170396800
F1 70,106,597 0.9443 74,241,869 10 94 0.188226169
F1 83,601,088 1.0275 81,363,589 8 39 0.001212722
F1 81,772,063 1.3575 60,237,247 7 18 0.100936308
F1 86,918,455 1.3497 64,398,351 4 8 0.031946998
Random Totals: 3,601,720,871 3,564,868,410 224 7,414
CATG B EXCEPTION VALUES: 42,000,000 27,873,438
CATG D1 EXCEPTION VALUES: 22,237 17,701
Total Test Values 3,643,743,108 3,592,759,549

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 179,637,977

Confidence Interval Values(5)

Local Test Value: 3,643,743,108 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,413,121,572 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,772,397,526 (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