taxes Property Tax Assistance

2018 Confidence Interval Detail

184/Parker
220-915/Azle ISD

Category Summary

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

Stratum
Variance
A 206,007,080 0.7261 283,717,229 54 1,831 .043832346
A 215,468,330 0.7875 273,610,578 47 995 .021660123
A 221,075,930 0.8553 258,477,645 46 690 .009559910
A 221,526,025 0.8556 258,913,073 19 456 .016427638
E 110,109,181 0.8359 131,725,303 11 894 .129627712
F1 15,799,210 0.9587 16,479,827 9 78 .003820001
F1 17,817,380 0.9286 19,187,357 7 32 .010593682
F1 14,900,510 0.9641 15,455,357 6 12 .010917443
F1 19,861,486 0.9191 21,609,712 2 6 .000458748
Random Totals: 1,042,565,132   1,279,176,081 201 4,994  
Catg D1 Exception Values: 1,510,079   1,321,967      
Total Test Values (4): 1,044,075,211   1,280,498,048      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 64,024,902

Confidence Interval Values (5)

Local Test Value: 1,044,075,211 (Outside Confidence Interval)
State Lower Limit: 1,216,473,146 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,344,522,950 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,130,155,769 (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