taxes Property Tax Assistance

2017 Confidence Interval Detail

048/Concho
048-903/Paint Rock ISD

Category Summary

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

Stratum
Variance
A 5,030,690 0.9927 5,067,684 8 111 .070196454
A 7,681,260 0.8566 8,967,149 7 85 .062799014
A 5,855,800 1.1549 5,070,396 7 37 .034765023
A 11,704,610 1.0736 10,902,208 7 37 .014299702
C1 1,262,610 0.7864 1,605,557 12 242 .209560049
C1 1,081,030 0.6922 1,561,731 10 74 .153607234
C1 731,010 0.6583 1,110,451 7 25 .421263831
C1 1,420,000 0.4861 2,921,210 5 14 .319478444
E 17,967,000 1.0176 17,656,250 10 476 .027699506
Random Totals: 52,734,010   54,862,636 73 1,101  
Catg J Exception Values: 3,474,680   3,805,634      
Catg D1 Exception Values: 14,722,820   15,324,447      
Total Test Values (4): 70,931,510   73,992,717      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,699,635

Confidence Interval Values (5)

State Lower Limit: 70,293,082 (State Test Value minus Margin of Error Percent)
Local Test Value: 70,931,510 (Within Confidence Interval)
State Upper Limit: 77,692,352 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 79,427,295 (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