taxes Property Tax Assistance

2024 Confidence Interval Detail

Palo Pinto County
182-902/Graford 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 2 371,750,487 0.9456 393,137,148 34 845 0.007031953
A 3 386,692,470 0.9320 414,906,084 11 438 0.024789482
A 4 475,759,290 0.9306 511,239,297 13 336 0.012838994
A 5 543,638,920 0.9897 549,296,676 12 188 0.010723460
Random Totals: 1,777,841,167 1,868,579,205 70 1,807
CATG D1 EXCEPTION VALUES: 8,158,001 8,148,971
Total Test Values 1,785,999,168 1,876,728,176

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 93,836,409

Confidence Interval Values(5)

Local Test Value: 1,785,999,168 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,782,891,767 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,970,564,585 (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