taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
182/Palo Pinto
182-903/Mineral Wells ISD

Category Summary

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

Stratum
Variance
A 88,699,450 1.0045 88,302,091 16 2,275 .006601075
A 88,136,050 0.9907 88,963,410 15 1,206 .001323494
A 99,603,880 0.9688 102,811,602 20 936 .011689513
A 108,314,730 0.9644 112,313,075 15 535 .003633747
E 96,108,730 0.9777 98,300,839 15 998 .017389118
F1 26,204,070 0.8543 30,673,148 10 273 .067517675
F1 26,860,940 0.6418 41,852,509 9 97 .223853622
F1 25,384,470 0.7200 35,256,208 8 43 .170066091
F1 30,380,830 0.9093 33,411,228 6 16 .035345855
L1 11,427,980 1.0923 10,462,309 10 282 .088539282
L1 12,513,940 0.9551 13,102,230 9 67 .080969393
L1 12,962,900 0.9626 13,466,549 7 22 .016074111
L1 14,583,050 1.0362 14,073,586 3 6 .005645372
Random Totals: 641,181,020   682,988,784 143 6,756  
Catg D1 Exception Values: 5,067,440   5,753,603      
Total Test Values (4): 646,248,460   688,742,387      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,437,119

Confidence Interval Values (5)

Local Test Value: 646,248,460 (Outside Confidence Interval)
State Lower Limit: 654,305,268 (State Test Value minus Margin of Error Percent)
State Upper Limit: 723,179,506 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 765,825,830 (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