taxes Property Tax Assistance

2024 Confidence Interval Detail

Matagorda County
158-905/Palacios 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 69,297,562 0.9752 71,059,846 13 739 0.082898268
A 3 88,400,106 0.9201 96,076,629 13 537 0.178808439
A 4 83,951,778 0.8626 97,324,111 12 330 0.146163887
A 5 80,454,406 1.0619 75,764,579 12 174 0.019861989
C1 2 19,890,851 0.8927 22,281,675 10 1,439 0.051927204
C1 3 1,487,000 1.0582 1,405,216 9 31 0.021799221
C1 4 30,254,227 0.7249 41,735,725 15 496 0.047026733
C1 5 34,904,920 1.2940 26,974,436 6 134 0.074342922
E 0 77,460,003 1.0396 74,509,430 20 588 0.016917659
F1 2 11,519,154 0.8551 13,471,119 11 97 0.026151849
F1 3 11,896,008 0.9976 11,924,627 8 42 0.010243554
F1 4 14,745,370 0.9291 15,870,595 7 28 0.010808505
F1 5 16,628,390 1.0375 16,027,364 5 11 0.006459562
G1 2 1,515,140 1.0080 1,503,115 7 17 0.000182858
Random Totals: 542,404,915 565,928,467 148 4,663
CATG D1 EXCEPTION VALUES: 15,688,197 15,803,573
CATG G1 EXCEPTION VALUES: 52,588,740 51,457,314
CATG J EXCEPTION VALUES: 16,828,650 17,685,740
Total Test Values 627,510,502 650,875,094

Margin of Error

Margin of Error Percent: 5.1942631
Margin of Error Value: 33,808,165

Confidence Interval Values(5)

Local Test Value: 627,510,502 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 617,066,929 (State Test Value minus Margin of Error Percent)
State Upper Limit: 684,683,259 (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