taxes Property Tax Assistance

2024 Confidence Interval Detail

Palo Pinto County
182-904/Santo 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 46,850,260 0.9300 50,376,624 12 295 0.005881388
A 3 49,575,870 0.9984 49,655,319 12 177 0.007488368
A 4 66,286,230 1.0976 60,391,973 12 170 0.041528777
A 5 108,414,640 1.0528 102,977,432 12 171 0.014429082
E 0 308,286,065 0.9348 329,788,260 20 1,040 0.050209419
Random Totals: 579,413,065 593,189,608 68 1,853
CATG D1 EXCEPTION VALUES: 7,802,401 7,916,048
CATG J EXCEPTION VALUES: 16,888,004 17,704,894
Total Test Values 604,103,470 618,810,550

Margin of Error

Margin of Error Percent: 5.5275585
Margin of Error Value: 34,205,115

Confidence Interval Values(5)

Local Test Value: 604,103,470 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 584,605,435 (State Test Value minus Margin of Error Percent)
State Upper Limit: 653,015,665 (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