taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
182/Palo Pinto
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 4,672,210 0.9651 4,841,167 20 47 .017560127
E 12,477,980 0.9390 13,288,584 14 125 .074307265
Random Totals: 17,150,190   18,129,751 34 172  
Catg D1 Exception Values: 748,430   800,355      
Total Test Values (4): 17,898,620   18,930,106      

Margin of Error

Margin of Error Percent: 9.8771713
Margin of Error Value: 1,869,759

Confidence Interval Values (5)

State Lower Limit: 17,060,347 (State Test Value minus Margin of Error Percent)
Local Test Value: 17,898,620 (Within Confidence Interval)
State Upper Limit: 20,799,865 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 17,467,377 (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