taxes Property Tax Assistance

2016 Confidence Interval Detail

220/Tarrant
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 303,794,812 0.9557 317,876,752 49 2,844 .025622041
A 303,714,428 0.9798 309,975,942 51 1,634 .010306861
A 303,681,276 0.9614 315,874,013 43 1,062 .011212694
A 303,553,629 0.9830 308,803,285 31 609 .030289701
F1 30,595,151 0.8341 36,680,435 9 170 .090155306
F1 30,401,003 0.7897 38,496,901 9 71 .019431994
F1 32,964,638 0.8731 37,755,856 8 39 .051076161
F1 34,566,364 1.0914 31,671,581 5 11 .094717971
G1 9,484,220 0.9569 9,911,401 9 68 .035989681
G1 9,450,460 0.9560 9,885,418 7 29 .027732216
G1 9,519,800 1.0421 9,135,208 7 19 .014205053
G1 8,702,150 1.0547 8,250,830 5 9 .019711220
Random Totals: 1,380,427,931   1,434,317,622 233 6,565  
Catg D1 Exception Values: 502,299   229,140      
Total Test Values (4): 1,380,930,230   1,434,546,762      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 71,727,338

Confidence Interval Values (5)

State Lower Limit: 1,362,819,424 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,380,930,230 (Within Confidence Interval)
State Upper Limit: 1,506,274,100 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,394,353,097 (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, D3, 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