taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
182-904/Santo ISD

Category Summary

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

Stratum
Variance
A 21,780,810 1.0368 21,007,726 9 323 .034541077
A 24,368,766 0.9074 26,855,594 13 197 .039317595
A 28,601,690 0.9750 29,335,067 11 155 .007924625
A 26,060,290 1.0250 25,424,673 7 77 .029760521
E 109,447,330 0.9413 116,272,527 21 865 .025559370
Random Totals: 210,258,886   218,895,587 61 1,617  
Catg J Exception Values: 15,718,410   18,866,410      
Catg D1 Exception Values: 8,300,740   8,485,312      
Total Test Values (4): 234,278,036   246,247,309      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,312,365

Confidence Interval Values (5)

State Lower Limit: 233,934,944 (State Test Value minus Margin of Error Percent)
Local Test Value: 234,278,036 (Within Confidence Interval)
State Upper Limit: 258,559,674 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 263,497,349 (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