taxes Property Tax Assistance

2022 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 133,725,650 1.0174 131,438,618 15 1,763 0.018356418
A 125,653,600 0.9986 125,829,762 23 985 0.094827103
A 243,330,500 0.9842 247,236,842 48 1,344 0.009252288
A 394,892,740 1.0129 389,863,501 51 1,285 0.006129261
E 330,048,870 1.0011 329,686,215 36 1,666 0.013413889
F1 44,390,870 1.0155 43,713,314 13 267 0.007825345
F1 48,848,310 1.0111 48,312,046 12 126 0.013189841
F1 48,837,510 0.9238 52,865,891 11 64 0.034164811
F1 77,056,690 1.0989 70,121,658 9 33 0.088776111
Random Totals: 1,446,784,740 1,439,067,847 218 7,533
CATG D1 EXCEPTION VALUES: 5,171,710 4,909,880
Total Test Values 1,451,956,450 1,443,977,727

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 72,198,886

Confidence Interval Values(5)

Local Test Value: 1,451,956,450 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,371,778,841 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,516,176,613 (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