taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
182/Palo Pinto
182-905/Strawn ISD

Category Summary

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

Stratum
Variance
A 2,554,320 0.9167 2,786,430 10 119 .017847978
A 2,882,690 0.9478 3,041,454 9 70 .005819045
A 2,838,910 0.9299 3,052,920 8 39 .002288004
A 3,228,610 0.9693 3,330,868 8 25 .007391468
E 12,021,150 1.0283 11,690,314 13 122 .007819925
G1 4,811,910 0.9761 4,929,731 10 63 .044782654
G1 4,855,620 0.9978 4,866,326 6 14 .073039649
G1 4,815,730 0.9868 4,880,148 4 7 .017797892
G1 4,588,150 1.1582 3,961,449 2 3 .009418398
Random Totals: 42,597,090   42,539,640 70 462  
Catg J Exception Values: 2,523,430   2,530,143      
Catg D1 Exception Values: 5,022,240   5,951,778      
Total Test Values (4): 50,142,760   51,021,561      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,551,078

Confidence Interval Values (5)

State Lower Limit: 48,470,483 (State Test Value minus Margin of Error Percent)
Local Test Value: 50,142,760 (Within Confidence Interval)
State Upper Limit: 53,572,639 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 65,476,415 (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