taxes Property Tax Assistance

2016 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 88,603,740 0.9635 91,960,291 18 391 .004619625
A 97,208,570 0.9802 99,172,179 12 190 .010569135
A 92,592,570 0.9103 101,716,544 8 116 .016363185
A 113,185,710 0.9503 119,105,240 7 76 .001958298
C1 15,345,180 0.9943 15,433,149 17 1,104 .005076130
C1 13,243,520 1.0209 12,972,397 11 215 .025162735
C1 14,503,740 1.0173 14,257,092 10 74 .034922063
C1 10,768,120 0.9755 11,038,565 8 31 .041038708
Random Totals: 445,451,150   465,655,457 91 2,197  
Catg D1 Exception Values: 7,378,760   7,253,349      
Total Test Values (4): 452,829,910   472,908,806      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,645,440

Confidence Interval Values (5)

State Lower Limit: 449,263,366 (State Test Value minus Margin of Error Percent)
Local Test Value: 452,829,910 (Within Confidence Interval)
State Upper Limit: 496,554,246 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 514,744,069 (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