taxes Property Tax Assistance

2017 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 156,839,077 0.8359 187,628,995 47 1,650 .070684976
A 200,170,710 0.8869 225,697,046 42 1,070 .063167674
A 189,540,540 0.8858 213,976,676 26 676 .008480097
A 290,626,375 0.9750 298,078,333 41 657 .007193914
E 108,522,600 0.6231 174,165,623 12 896 .430535955
F1 14,042,240 0.9136 15,370,228 10 77 .024384526
F1 18,931,920 0.8656 21,871,442 7 35 .065618695
F1 15,449,770 0.9590 16,110,292 5 12 .002673207
Random Totals: 994,123,232   1,152,898,635 190 5,073  
Catg D1 Exception Values: 1,496,639   1,103,267      
Catg F1 Exception Values: 12,476,560   13,498,669      
Total Test Values (4): 1,008,096,431   1,167,500,571      

Margin of Error

Margin of Error Percent: 5.8925054
Margin of Error Value: 68,795,034

Confidence Interval Values (5)

Local Test Value: 1,008,096,431 (Outside Confidence Interval)
State Lower Limit: 1,098,705,537 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,236,295,605 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,042,476,401 (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