taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 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 90,827,360 0.9834 92,360,545 16 397 .000921601
A 82,520,100 0.9885 83,480,121 10 167 .016054978
A 94,197,940 0.9914 95,015,070 9 124 .002339541
A 98,181,270 1.0246 95,824,000 12 67 .005761912
C1 13,931,760 0.9119 15,277,728 11 1,019 .036953445
C1 17,424,800 0.9752 17,867,925 8 278 .002656305
C1 16,455,470 0.9501 17,319,724 9 79 .016123268
C1 14,709,800 1.0427 14,107,413 6 42 .007414205
Random Totals: 428,248,500   431,252,526 81 2,173  
Catg D1 Exception Values: 6,946,850   8,206,944      
Total Test Values (4): 435,195,350   439,459,470      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 21,972,974

Confidence Interval Values (5)

State Lower Limit: 417,486,496 (State Test Value minus Margin of Error Percent)
Local Test Value: 435,195,350 (Within Confidence Interval)
State Upper Limit: 461,432,444 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 515,284,777 (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