taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
182-902/Graford ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 189,221,176 0.9112 207,661,519 39 840 0.049107710
A 184,369,678 0.9686 190,346,560 23 392 0.008941660
A 195,466,760 0.9875 197,941,023 28 234 0.010704002
A 198,056,290 0.9442 209,760,951 9 115 0.019061371
C1 14,766,700 1.0867 13,588,571 15 498 0.085292337
C1 11,923,940 1.0155 11,741,940 10 205 0.026945432
C1 13,385,780 1.1870 11,276,984 10 102 0.102316738
C1 13,976,970 1.1391 12,270,187 7 42 0.066619101
Random Totals: 821,167,294 854,587,735 141 2,428
CATG D1 EXCEPTION VALUES: 8,871,630 8,927,048
Total Test Values(1) 830,038,924 863,514,783

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 43,175,739

Confidence Interval Values(5)

Local Test Value: 830,038,924 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 820,339,044 (State Test Value minus Margin of Error Percent)
State Upper Limit: 906,690,522 (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