taxes Property Tax Assistance

2020 Confidence Interval Detail

Palo Pinto County
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 18,737,110 1.0406 18,006,064 8 213 0.011512496
A 16,116,980 1.0838 14,870,806 9 49 0.025434042
A 25,496,640 1.0393 24,532,512 8 51 0.013197798
A 18,935,820 1.1454 16,532,059 7 23 0.007483676
C1 3,634,450 0.9085 4,000,495 13 180 0.232995854
C1 3,177,190 0.9423 3,371,739 10 92 0.041546278
C1 3,174,400 1.2290 2,582,913 7 72 0.145265341
C1 2,328,560 1.0057 2,315,362 9 28 0.031999293
E 36,817,650 0.9868 37,310,144 10 272 0.023697422
F1 9,613,530 0.8619 11,153,881 9 44 0.092008632
Random Totals: 138,032,330 134,675,975 90 1,024
CATG D1 EXCEPTION VALUES: 5,313,130 4,663,093
CATG J EXCEPTION VALUES: 4,005,800 4,726,407
Total Test Values 147,351,260 144,065,475

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,203,274

Confidence Interval Values(5)

Local Test Value: 147,351,260 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 136,862,201 (State Test Value minus Margin of Error Percent)
State Upper Limit: 151,268,749 (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