taxes Property Tax Assistance

2024 Confidence Interval Detail

Palo Pinto County
182-905/Strawn 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 6,568,810 1.0091 6,509,573 12 114 0.008701632
A 3 6,917,000 1.0514 6,578,847 12 66 0.003934421
A 4 7,699,810 1.0844 7,100,526 11 50 0.022322664
A 5 9,640,310 1.1120 8,669,344 10 37 0.019855062
E 0 21,015,230 0.9384 22,394,746 20 139 0.141924891
F1 2 6,173,240 0.9734 6,341,935 8 39 0.002648359
G1 2 1,832,359 0.9992 1,833,826 8 40 0.000280985
G1 3 2,032,389 1.0129 2,006,505 5 9 0.000180566
Random Totals: 61,879,148 61,435,302 86 494
CATG D1 EXCEPTION VALUES: 4,989,280 4,993,404
CATG G1 EXCEPTION VALUES: 4,940,901 4,925,061
CATG J EXCEPTION VALUES: 9,074,374 9,513,095
Total Test Values 80,883,703 80,866,862

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,043,343

Confidence Interval Values(5)

Local Test Value: 80,883,703 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 76,823,519 (State Test Value minus Margin of Error Percent)
State Upper Limit: 84,910,205 (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