taxes Property Tax Assistance

2024 Confidence Interval Detail

Concho County
048-903/Paint Rock ISD

Category Summary

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

Stratum
Variance
A 2 5,901,930 1.2204 4,836,062 16 67 0.074348384
A 3 4,375,310 1.2272 3,565,279 16 26 0.068664766
A 4 3,551,510 1.3050 2,721,464 13 14 0.072017667
A 5 1,550,250 1.3554 1,143,758 3 4 0.009454598
E 0 107,946,963 1.1152 96,796,057 21 760 0.164351071
Random Totals: 123,325,963 109,062,620 69 871
CATG D1 EXCEPTION VALUES: 20,670,908 20,941,693
CATG J EXCEPTION VALUES: 7,340,790 7,678,809
Total Test Values 151,337,661 137,683,122

Margin of Error

Margin of Error Percent: 12.2450705
Margin of Error Value: 16,859,395

Confidence Interval Values(5)

Local Test Value: 151,337,661 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 120,823,727 (State Test Value minus Margin of Error Percent)
State Upper Limit: 154,542,517 (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