taxes Property Tax Assistance

2017 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	105,325,290	0.9390	112,167,508	14	2,480	.095730497
A	104,423,450	0.9923	105,233,750	22	1,324	.003850213
A	117,317,170	0.9900	118,502,192	47	998	.004303913
A	108,294,260	0.9597	112,841,784	27	499	.006606829
E	115,795,260	1.0131	114,297,957	18	1,118	.006970784
F1	32,252,920	0.9257	34,841,655	17	284	.025641758
F1	31,052,700	0.9067	34,248,042	16	94	.026659197
F1	30,422,280	0.9621	31,620,705	15	46	.005124291
F1	34,316,740	0.8439	40,664,463	10	17	.064316616
L1	11,267,590	1.0734	10,497,103	11	271	.074989380
L1	10,893,270	0.9946	10,952,413	12	61	.018140731
L1	9,619,770	0.9284	10,361,665	8	18	.023347093
L1	11,988,010	0.9616	12,466,733	3	6	.000916968
Random Totals:	722,968,710		748,695,970	220	7,216
Catg D1 Exception Values:	5,103,750		5,152,992
Total Test Values (4):	728,072,460		753,848,962

Margin of Error

Margin of Error Percent:	5.0000000
Margin of Error Value:	37,692,448

Confidence Interval Values (5)

State Lower Limit:	716,156,514	(State Test Value minus Margin of Error Percent)
Local Test Value:	728,072,460	(Within Confidence Interval)
State Upper Limit:	791,541,410	(State Test Value plus Margin of Error Percent)
Value Assigned (6):	753,963,451	(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