taxes Property Tax Assistance

2017 Confidence Interval Detail

061/Denton
061-910/Argyle ISD

Category Summary

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

Stratum
Variance
A 271,474,736 0.9556 284,088,254 64 971 .009160658
A 383,359,858 0.9826 390,148,441 51 922 .006086028
A 359,827,275 0.9716 370,345,075 43 598 .007544406
A 328,674,765 0.9667 339,996,654 26 333 .009503787
E 275,027,751 0.9357 293,927,275 22 688 .020461097
Random Totals: 1,618,364,385   1,678,505,699 206 3,512  
Catg D1 Exception Values: 859,173   902,081      
Total Test Values (4): 1,619,223,558   1,679,407,780      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 83,970,389

Confidence Interval Values (5)

State Lower Limit: 1,595,437,391 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,619,223,558 (Within Confidence Interval)
State Upper Limit: 1,763,378,169 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,770,038,909 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories