taxes Property Tax Assistance

2021 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 26,723,405 0.7866 33,973,309 13 305 0.308514277
A 30,692,200 0.8947 34,304,460 12 188 0.125999838
A 34,868,400 0.9194 37,925,169 11 145 0.048132470
A 60,271,180 0.9726 61,969,134 18 154 0.015816390
E 196,277,986 1.0276 191,006,214 28 939 0.012285739
Random Totals: 348,833,171 359,178,286 82 1,731
CATG D1 EXCEPTION VALUES: 8,961,208 8,635,900
CATG J EXCEPTION VALUES: 13,876,800 14,490,722
Total Test Values 371,671,179 382,304,908

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,115,245

Confidence Interval Values(5)

Local Test Value: 371,671,179 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 363,189,663 (State Test Value minus Margin of Error Percent)
State Upper Limit: 401,420,153 (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