taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
182-905/Strawn ISD

Category Summary

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

Stratum
Variance
A 3,542,620 0.9575 3,699,864 14 123 .033640821
A 3,551,540 0.9580 3,707,244 15 64 .016531027
A 3,667,830 0.9968 3,679,605 15 41 .032157179
A 3,411,050 0.9636 3,539,902 13 24 .007035932
E 12,893,600 0.9617 13,407,092 22 132 .040312661
F1 788,540 0.7868 1,002,211 7 21 .027085273
F1 741,570 0.9930 746,798 5 9 .001135069
F1 656,620 0.9862 665,808 3 3 .000584393
G1 979,940 0.9529 1,028,377 9 101 .025378592
G1 1,127,380 0.9988 1,128,734 5 12 .006402192
G1 889,570 1.0118 879,195 2 3 .000330836
Random Totals: 32,250,260   33,484,830 110 533  
Catg J Exception Values: 3,090,620   3,136,793      
Catg D1 Exception Values: 5,268,390   5,288,123      
Catg F1 Exception Values: 602,780   624,551      
Catg G1 Exception Values: 800,230   810,818      
Total Test Values (4): 42,012,280   43,345,115      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,167,255

Confidence Interval Values (5)

State Lower Limit: 41,177,860 (State Test Value minus Margin of Error Percent)
Local Test Value: 42,012,280 (Within Confidence Interval)
State Upper Limit: 45,512,370 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 52,545,706 (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