taxes Property Tax Assistance

2022 Confidence Interval Detail

Palo Pinto County
182-901/Gordon ISD

Category Summary

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

Stratum
Variance
A 28,118,610 0.8977 31,322,948 10 255 0.081141737
A 14,673,080 0.9895 14,828,782 9 44 0.003500387
A 29,496,030 0.9705 30,392,612 9 56 0.026913969
A 36,118,890 1.0482 34,458,014 8 42 0.010022589
C1 3,704,720 1.0032 3,692,903 9 206 0.026140776
C1 2,747,060 0.8761 3,135,555 10 80 0.128535448
C1 4,366,420 1.0007 4,363,366 9 86 0.040521667
C1 5,438,690 0.9648 5,637,117 8 59 0.023005134
E 59,348,980 0.9207 64,460,715 20 368 0.019051584
F1 14,490,290 1.0011 14,474,368 9 51 0.003500606
Random Totals: 198,502,770 206,766,380 101 1,247
CATG D1 EXCEPTION VALUES: 5,172,630 4,740,486
CATG J EXCEPTION VALUES: 4,139,460 4,342,336
Total Test Values 207,814,860 215,849,202

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,792,460

Confidence Interval Values(5)

Local Test Value: 207,814,860 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 205,056,742 (State Test Value minus Margin of Error Percent)
State Upper Limit: 226,641,662 (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