taxes Property Tax Assistance

2020 Confidence Interval Detail

Palo Pinto County
182-903/Mineral Wells ISD

Category Summary

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

Stratum
Variance
A 107,864,490 0.6929 155,671,078 12 2,138 0.158877170
A 129,999,125 0.7630 170,378,932 13 1,438 0.047587686
A 152,650,250 0.9021 169,216,550 26 1,160 0.018489721
A 166,005,580 1.0079 164,704,415 14 725 0.037151934
E 145,622,580 1.0412 139,860,334 23 1,220 0.057725749
F1 37,495,230 0.8978 41,763,455 13 277 0.033394932
F1 37,237,586 0.9191 40,515,271 12 112 0.028671146
F1 38,222,590 0.9214 41,483,167 11 60 0.032299510
F1 40,657,452 0.7699 52,808,744 8 25 0.029497247
Random Totals: 855,754,883 976,401,946 132 7,155
CATG D1 EXCEPTION VALUES: 5,497,281 4,989,349
Total Test Values 861,252,164 981,391,295

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 49,069,565

Confidence Interval Values(5)

Local Test Value: 861,252,164 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 932,321,730 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,030,460,860 (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