taxes Property Tax Assistance

2017 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 181,714,050 0.9764 186,106,155 44 826 .034629835
A 174,211,900 0.9899 175,989,393 16 379 .003306813
A 190,469,900 0.9788 194,595,321 15 235 .001453178
A 191,810,660 1.0018 191,466,021 11 113 .002228870
C1 14,103,550 1.0317 13,670,205 14 490 .115568745
C1 15,636,420 1.0778 14,507,719 17 261 .067395839
C1 13,762,240 1.0964 12,552,207 10 93 .027344688
C1 12,453,880 0.9688 12,854,955 7 34 .015784957
Random Totals: 794,162,600   801,741,976 134 2,431  
Catg D1 Exception Values: 8,794,100   8,681,265      
Total Test Values (4): 802,956,700   810,423,241      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 40,521,162

Confidence Interval Values (5)

State Lower Limit: 769,902,079 (State Test Value minus Margin of Error Percent)
Local Test Value: 802,956,700 (Within Confidence Interval)
State Upper Limit: 850,944,403 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 942,328,404 (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, D2, E, 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