taxes Property Tax Assistance

2023 Confidence Interval Detail

Concho County
048-903/Paint Rock ISD

Category Summary

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

Stratum
Variance
A 9,915,520 0.9105 10,890,192 13 136 0.004909498
A 11,419,104 0.9951 11,475,333 12 79 0.005189943
A 12,194,450 0.9626 12,668,242 12 55 0.030045248
A 17,735,617 0.9622 18,432,360 13 47 0.004107994
E 48,718,670 0.8714 55,908,504 21 452 0.126059474
Random Totals: 99,983,361 109,374,631 71 769
CATG D1 EXCEPTION VALUES: 19,571,928 19,983,357
CATG J EXCEPTION VALUES: 7,011,660 7,041,128
Total Test Values 126,566,949 136,399,116

Margin of Error

Margin of Error Percent: 6.2694934
Margin of Error Value: 8,551,534

Confidence Interval Values(5)

Local Test Value: 126,566,949 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 127,847,582 (State Test Value minus Margin of Error Percent)
State Upper Limit: 144,950,650 (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