taxes Property Tax Assistance

2021 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 112,952,250 1.0827 104,324,605 20 1,869 0.016635179
A 105,443,775 0.9898 106,530,385 33 1,025 0.029146445
A 203,543,280 0.9650 210,925,679 62 1,384 0.020141380
A 226,596,490 1.0045 225,581,374 63 890 0.010648092
E 220,948,080 0.9635 229,318,194 45 1,587 0.072552309
F1 39,260,630 0.8490 46,243,380 15 267 0.083108227
F1 39,924,594 0.8853 45,097,248 15 112 0.188176073
F1 46,552,130 0.8815 52,810,130 16 66 0.101983668
F1 43,035,350 0.7877 54,634,188 12 24 0.035018378
Random Totals: 1,038,256,579 1,075,465,183 281 7,224
CATG D1 EXCEPTION VALUES: 5,507,593 5,282,488
Total Test Values 1,043,764,172 1,080,747,671

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 54,037,384

Confidence Interval Values(5)

Local Test Value: 1,043,764,172 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,026,710,287 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,134,785,055 (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