taxes Property Tax Assistance

2016 Confidence Interval Detail

182/Palo Pinto
182-902/Graford ISD

Category Summary

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

Stratum
Variance
A 172,486,450 0.9317 185,130,890 12 813 .009987186
A 178,809,560 0.8303 215,355,366 10 395 .006638347
A 180,599,380 0.8773 205,858,179 9 226 .047712692
A 183,182,650 0.9452 193,803,058 5 109 .012252921
C1 16,783,650 0.9736 17,238,753 10 493 .009006802
C1 10,156,240 0.9487 10,705,428 10 145 .017499471
C1 14,305,080 1.0145 14,100,621 10 95 .017882180
C1 13,687,390 0.9711 14,094,728 8 39 .014380122
Random Totals: 770,010,400   856,287,023 74 2,315  
Catg D1 Exception Values: 8,898,650   8,433,178      
Total Test Values (4): 778,909,050   864,720,201      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 43,236,010

Confidence Interval Values (5)

Local Test Value: 778,909,050 (Outside Confidence Interval)
State Lower Limit: 821,484,191 (State Test Value minus Margin of Error Percent)
State Upper Limit: 907,956,211 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 934,528,628 (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