taxes Property Tax Assistance

2016 Confidence Interval Detail

182/Palo Pinto
182-901/Gordon ISD

Category Summary

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

Stratum
Variance
A 14,497,470 0.9226 15,713,711 9 190 .034803345
A 18,273,660 1.0546 17,327,574 8 60 .004643638
A 15,103,020 1.0310 14,648,904 8 32 .026008439
A 17,103,080 0.9921 17,239,270 7 23 .013226912
C1 7,609,840 0.9788 7,774,663 11 216 .017172870
C1 7,203,510 0.9918 7,263,067 9 116 .050208605
C1 1,763,900 0.9170 1,923,555 9 20 .034118753
C1 2,100,580 1.0373 2,025,046 8 17 .023884260
E 17,656,000 0.9286 19,013,569 13 221 .019266022
F1 2,035,370 0.9617 2,116,429 8 28 .019658743
F1 2,031,970 0.9651 2,105,450 4 7 .001938911
F1 2,975,220 1.0152 2,930,674 2 3 .000960185
Random Totals: 108,353,620   110,081,912 96 933  
Catg J Exception Values: 3,732,540   3,883,489      
Catg D1 Exception Values: 5,501,690   5,288,183      
Catg F1 Exception Values: 1,146,030   1,102,349      
Total Test Values (4): 118,733,880   120,355,933      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,017,796

Confidence Interval Values (5)

State Lower Limit: 114,338,137 (State Test Value minus Margin of Error Percent)
Local Test Value: 118,733,880 (Within Confidence Interval)
State Upper Limit: 126,373,729 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 139,585,483 (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