taxes Property Tax Assistance

2016 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 96,023,840 0.7750 123,901,729 14 2,336 .055829579
A 95,034,860 0.8882 106,997,140 12 1,222 .012332387
A 101,726,670 0.8776 115,914,619 23 883 .034138845
A 99,291,000 1.0516 94,418,981 11 460 .011197710
E 106,970,760 0.9419 113,569,126 16 1,092 .056939016
F1 29,928,410 0.9940 30,109,064 9 263 .033652753
F1 29,306,380 0.9027 32,465,249 9 92 .053726853
F1 35,431,940 0.9386 37,749,776 8 53 .016625921
F1 28,157,090 0.8994 31,306,527 6 13 .117283372
L1 10,858,020 0.9724 11,166,207 11 268 .010125821
L1 11,916,010 0.9581 12,437,126 9 65 .002748818
L1 12,664,880 0.9461 13,386,407 9 19 .003736248
L1 7,951,830 0.9475 8,392,433 2 2 .000245223
Random Totals: 665,261,690   731,814,384 139 6,768  
Catg J Exception Values: 11,081,280   12,213,464      
Catg D1 Exception Values: 5,226,800   4,701,736      
Total Test Values (4): 681,569,770   748,729,584      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 37,436,479

Confidence Interval Values (5)

Local Test Value: 681,569,770 (Outside Confidence Interval)
State Lower Limit: 711,293,105 (State Test Value minus Margin of Error Percent)
State Upper Limit: 786,166,063 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 718,537,521 (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