taxes Property Tax Assistance

2022 Confidence Interval Detail

Palo Pinto County
182-906/Palo Pinto ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 117,593,900 0.9687 121,393,517 19 421 0.023940412
A 120,107,960 0.9581 125,360,568 21 197 0.004364512
A 139,415,350 0.9745 143,063,468 16 141 0.016657221
A 348,284,720 0.9590 363,174,891 15 181 0.007749131
C1 18,219,240 0.9748 18,690,234 51 1,436 0.151903032
C1 13,788,690 1.0158 13,574,217 25 250 0.087668020
C1 11,863,360 0.9930 11,946,989 10 86 0.047707361
C1 21,216,310 0.8296 25,574,144 9 58 0.199331032
Random Totals: 790,489,530 822,778,028 166 2,770
CATG D1 EXCEPTION VALUES: 7,216,840 6,712,264
Total Test Values 797,706,370 829,490,292

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 41,474,515

Confidence Interval Values(5)

Local Test Value: 797,706,370 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 788,015,777 (State Test Value minus Margin of Error Percent)
State Upper Limit: 870,964,807 (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