taxes Property Tax Assistance

2020 Confidence Interval Detail

Concho County
048-903/Paint Rock ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 7,544,199 0.9501 7,940,426 16 127 0.006504776
A 7,994,470 0.9646 8,287,860 19 66 0.003975126
A 8,990,150 0.9363 9,601,784 14 43 0.009338304
A 7,309,090 0.9690 7,542,921 12 20 0.000641096
E 15,076,876 0.9751 15,461,877 20 233 0.035048640
Random Totals: 46,914,785 48,834,868 81 489
CATG D1 EXCEPTION VALUES: 13,852,040 15,092,556
CATG J EXCEPTION VALUES: 582,403 605,591
Total Test Values 61,349,228 64,533,015

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,226,651

Confidence Interval Values(5)

Local Test Value: 61,349,228 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 61,306,364 (State Test Value minus Margin of Error Percent)
State Upper Limit: 67,759,666 (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