taxes Property Tax Assistance

2018 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 102,662,384 0.8838 116,160,199 26 2245 0.085891430
A 102,526,930 0.9936 103,187,329 33 1251 0.015817541
A 120,504,139 0.9778 123,240,069 47 1000 0.010574474
A 116,036,010 0.9753 118,974,685 37 529 0.007149004
E 123,679,120 1.0039 123,198,645 31 1160 0.011665170
F1 36,347,811 0.9626 37,760,036 10 310 0.007416582
F1 32,446,656 0.8549 37,953,744 9 98 0.018546372
F1 35,378,864 0.8479 41,725,279 8 51 0.013537736
F1 28,190,847 0.8547 32,983,324 6 14 0.060391700
L1 10,037,730 0.9848 10,192,658 10 247 0.000955618
L1 10,332,200 1.0004 10,328,069 9 60 0.008935807
L1 12,444,510 0.9846 12,639,153 8 21 0.002757602
L1 9,877,740 0.9265 10,661,349 3 4 0.001377797
Random Totals: 740,464,941 779,004,539 237 6,990
CATG D1 EXCEPTION VALUES: 5,259,260 5,358,370
Total Test Values(1) 745,724,201 784,362,909

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,218,145

Confidence Interval Values(5)

Local Test Value: 745,724,201 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 745,144,764 (State Test Value minus Margin of Error Percent)
State Upper Limit: 823,581,054 (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