taxes Property Tax Assistance

2020 Confidence Interval Detail

Palo Pinto County
182-904/Santo ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 24,071,255 0.6323 38,069,358 15 309 0.145610025
A 26,139,290 0.7132 36,650,715 15 182 0.068757888
A 31,973,210 0.8409 38,022,607 14 154 0.016966826
A 39,744,960 0.8553 46,469,028 14 109 0.030263279
E 143,574,556 1.0078 142,463,342 33 907 0.025430972
Random Totals: 265,503,271 301,675,050 91 1,661
CATG D1 EXCEPTION VALUES: 8,355,210 7,596,996
CATG J EXCEPTION VALUES: 5,004,450 5,529,565
Total Test Values 278,862,931 314,801,611

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,740,081

Confidence Interval Values(5)

Local Test Value: 278,862,931 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 299,061,530 (State Test Value minus Margin of Error Percent)
State Upper Limit: 330,541,692 (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