taxes Property Tax Assistance

2023 Confidence Interval Detail

Parker County
184-908/Peaster ISD

Category Summary

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

Stratum
Variance
A 83,517,931 0.9435 88,519,270 11 376 0.011228055
A 98,657,105 0.9084 108,605,356 10 288 0.045286465
A 99,215,590 0.9715 102,126,186 10 226 0.023441462
A 378,250,481 1.0014 377,721,671 38 616 0.017517244
E 258,475,928 0.9323 277,245,445 20 727 0.021465573
Random Totals: 918,117,035 954,217,928 89 2,233
CATG D1 EXCEPTION VALUES: 2,503,117 2,178,023
Total Test Values 920,620,152 956,395,951

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 47,819,798

Confidence Interval Values(5)

Local Test Value: 920,620,152 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 908,576,153 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,004,215,749 (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