taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
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 105,634,960 0.9785 107,956,014 25 440 0.007655060
A 100,910,570 0.9765 103,339,037 13 188 0.004860258
A 93,323,870 1.0098 92,418,172 13 113 0.003441610
A 110,050,430 1.0882 101,130,702 11 71 0.018876491
C1 11,868,160 0.5375 22,080,298 16 1128 0.930917227
C1 11,948,050 0.8623 13,856,025 10 264 0.151351253
C1 13,176,598 1.0134 13,002,366 9 78 0.024963047
C1 7,495,918 1.1649 6,434,817 8 23 0.058004231
Random Totals: 454,408,556 460,217,431 105 2,305
CATG D1 EXCEPTION VALUES: 7,382,710 7,417,862
Total Test Values(1) 461,791,266 467,635,293

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,381,765

Confidence Interval Values(5)

Local Test Value: 461,791,266 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 444,253,528 (State Test Value minus Margin of Error Percent)
State Upper Limit: 491,017,058 (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