taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
182-901/Gordon ISD

Category Summary

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

Stratum
Variance
A 17,437,700 1.0128 17,217,318 11 203 0.039887026
A 16,373,570 0.9759 16,777,918 10 49 0.017859130
A 17,416,190 1.0434 16,691,767 9 36 0.011327307
A 17,369,330 1.0115 17,171,854 9 23 0.001802452
C1 6,248,510 1.0214 6,117,593 17 236 0.068866619
C1 2,227,070 1.1321 1,967,203 9 51 0.058355306
C1 2,887,890 1.1187 2,581,470 11 50 0.031734266
C1 3,208,830 1.0150 3,161,409 6 35 0.018324317
E 23,226,970 0.9588 24,225,042 14 253 0.010832657
F1 2,615,710 0.8933 2,928,143 9 34 0.020162593
F1 1,773,830 0.9715 1,825,867 4 7 0.012557420
Random Totals: 110,785,600 110,665,584 109 977
CATG D1 EXCEPTION VALUES: 5,417,990 5,375,715
CATG F1 EXCEPTION VALUES: 3,169,310 3,246,530
CATG J EXCEPTION VALUES: 4,325,470 4,684,852
Total Test Values(3) 123,698,370 123,972,681

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,198,634

Confidence Interval Values(5)

Local Test Value: 123,698,370 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 117,774,047 (State Test Value minus Margin of Error Percent)
State Upper Limit: 130,171,315 (State Test Value plus Margin of Error Percent)

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