taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
182/Palo Pinto
182-906/Palo Pinto ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 70,837,310 0.9648 73,421,756 15 364 .005673986
A 66,704,200 0.9947 67,059,616 16 161 .001214168
A 90,094,300 0.9401 95,834,805 14 139 .016652775
A 121,578,740 0.9521 127,695,347 15 102 .002894534
C1 13,701,260 0.9942 13,781,191 10 993 .002826596
C1 16,573,340 0.9131 18,150,630 12 308 .133024871
C1 14,602,340 0.9222 15,834,244 10 79 .008516686
C1 20,124,630 0.9803 20,529,052 8 62 .014287282
Random Totals: 414,216,120   432,306,641 100 2,208  
Catg D1 Exception Values: 6,502,080   8,413,724      
Total Test Values (4): 420,718,200   440,720,365      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,036,018

Confidence Interval Values (5)

State Lower Limit: 418,684,347 (State Test Value minus Margin of Error Percent)
Local Test Value: 420,718,200 (Within Confidence Interval)
State Upper Limit: 462,756,383 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 482,629,909 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories