taxes Property Tax Assistance

2018 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 7,051,050 0.9917 7,110,064 16 120 .228646523
A 8,875,970 1.0590 8,381,464 15 75 .019866984
A 8,274,110 1.0426 7,936,035 16 38 .015558587
A 6,829,000 1.1783 5,795,638 12 18 .023871764
C1 1,231,735 0.6743 1,826,687 18 246 .130265316
C1 1,209,329 0.6223 1,943,322 16 84 .118110516
C1 1,282,076 0.8744 1,466,235 17 36 .087080291
C1 1,143,273 0.6301 1,814,431 6 8 .174574973
E 15,017,829 1.0121 14,838,286 20 206 .026628491
Random Totals: 50,914,372   51,112,162 136 831  
Catg J Exception Values: 293,750   312,451      
Catg D1 Exception Values: 14,676,085   14,830,519      
Total Test Values (4): 65,884,207   66,255,132      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,312,756

Confidence Interval Values (5)

State Lower Limit: 62,942,376 (State Test Value minus Margin of Error Percent)
Local Test Value: 65,884,207 (Within Confidence Interval)
State Upper Limit: 69,567,888 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 87,299,571 (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