taxes Property Tax Assistance

2020 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 104,803,940 0.9754 107,447,140 49 427 0.008987102
A 108,637,040 0.9644 112,647,283 15 202 0.006344294
A 128,758,750 0.8775 146,733,618 19 149 0.030260773
A 120,611,330 1.0347 116,566,473 15 71 0.021477739
C1 9,512,690 0.6543 14,538,728 22 988 0.670553500
C1 12,948,930 1.0037 12,901,196 35 279 0.042189632
C1 16,493,819 0.9617 17,150,690 32 116 0.058472502
C1 9,295,700 1.0849 8,568,255 9 29 0.134181951
Random Totals: 511,062,199 536,553,383 196 2,261
CATG D1 EXCEPTION VALUES: 7,887,012 7,048,805
Total Test Values 518,949,211 543,602,188

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,180,109

Confidence Interval Values(5)

Local Test Value: 518,949,211 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 516,422,079 (State Test Value minus Margin of Error Percent)
State Upper Limit: 570,782,297 (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