taxes Property Tax Assistance

2023 Confidence Interval Detail

Tarrant County
220-914/Kennedale ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 165,647,870 0.9545 173,544,128 16 757 0.043906611
A 539,880,892 0.9962 541,940,265 49 1,922 0.007831484
A 653,941,681 1.0063 649,847,641 65 1,822 0.005304543
A 955,256,219 0.9994 955,829,717 50 1,867 0.008458552
B 61,841,018 1.0605 58,313,077 8 33 0.004145679
F1 45,682,267 0.8421 54,248,031 10 111 0.144932179
F1 64,933,209 0.9526 68,164,192 8 53 0.019066857
F1 49,195,325 0.9241 53,235,932 7 17 0.116940699
F1 48,867,312 0.9001 54,290,981 3 6 0.020635767
Random Totals: 2,585,245,793 2,609,413,964 216 6,588
CATG B EXCEPTION VALUES: 120,430,000 127,611,190
CATG D1 EXCEPTION VALUES: 66,129 50,452
Total Test Values 2,705,741,922 2,737,075,606

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 136,853,780

Confidence Interval Values(5)

Local Test Value: 2,705,741,922 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,600,221,826 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,873,929,386 (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