taxes Property Tax Assistance

2022 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 30,390,100 0.8792 34,565,628 14 272 0.041869831
A 35,935,240 0.9130 39,359,518 15 176 0.081942314
A 54,160,050 0.9263 58,469,232 17 186 0.026078736
A 94,408,750 0.9683 97,499,484 15 191 0.024509182
E 273,552,930 0.9796 279,249,622 52 1,144 0.020749517
Random Totals: 488,447,070 509,143,484 113 1,969
CATG D1 EXCEPTION VALUES: 8,091,120 7,683,626
CATG J EXCEPTION VALUES: 5,181,650 5,922,242
Total Test Values 501,719,840 522,749,352

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 26,137,468

Confidence Interval Values(5)

Local Test Value: 501,719,840 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 496,611,884 (State Test Value minus Margin of Error Percent)
State Upper Limit: 548,886,820 (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