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 0.9340 8,077,301 16 127 0.006814752
A 7,994,470 0.9391 8,512,906 19 66 0.003877325
A 8,990,150 0.9353 9,612,050 14 43 0.009348144
A 7,309,090 0.9690 7,542,921 12 20 0.000641096
E 15,076,876 0.9665 15,599,458 20 233 0.038114321
Random Totals: 46,914,785 49,344,636 81 489
CATG D1 EXCEPTION VALUES: 13,852,040 15,092,556
CATG J EXCEPTION VALUES: 582,403 632,312
Total Test Values 61,349,228 65,069,504

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,253,475

Confidence Interval Values(5)

Local Test Value: 61,349,228 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 61,816,029 (State Test Value minus Margin of Error Percent)
State Upper Limit: 68,322,979 (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