taxes Property Tax Assistance

2024 Confidence Interval Detail

Palo Pinto County
182-901/Gordon 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 31,756,870 0.9459 33,573,179 12 236 0.026890759
A 3 30,903,680 1.0252 30,144,050 11 80 0.015147046
A 4 32,998,320 0.9906 33,311,448 11 54 0.006191068
A 5 42,154,990 0.9541 44,182,989 9 44 0.004793753
C1 2 3,773,210 1.2039 3,134,156 10 178 0.129535308
C1 3 3,854,010 0.9998 3,854,781 10 93 0.018322810
C1 4 2,897,650 0.7642 3,791,743 9 49 0.052204244
C1 5 4,796,730 0.7996 5,998,912 8 42 0.223984044
E 0 66,135,260 0.9131 72,429,372 20 324 0.114224076
F1 2 14,756,770 0.9433 15,643,772 9 44 0.003845217
Random Totals: 234,027,490 246,064,402 109 1,144
CATG D1 EXCEPTION VALUES: 4,923,321 4,876,409
CATG J EXCEPTION VALUES: 10,885,592 11,411,741
Total Test Values 249,836,403 262,352,552

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,117,628

Confidence Interval Values(5)

Local Test Value: 249,836,403 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 249,234,924 (State Test Value minus Margin of Error Percent)
State Upper Limit: 275,470,180 (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