taxes Property Tax Assistance

2022 Confidence Interval Detail

Palo Pinto County
182-902/Graford ISD

Category Summary

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

Stratum
Variance
A 171,619,277 1.0268 167,139,927 25 629 0.045081019
A 248,478,313 0.9806 253,394,160 32 460 0.018752615
A 401,042,150 0.9897 405,215,873 22 427 0.040408653
A 601,111,610 1.0360 580,223,562 17 295 0.024311963
Random Totals: 1,422,251,350 1,405,973,522 96 1,811
CATG D1 EXCEPTION VALUES: 8,419,850 7,810,262
Total Test Values 1,430,671,200 1,413,783,784

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 70,689,189

Confidence Interval Values(5)

Local Test Value: 1,430,671,200 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,343,094,595 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,484,472,973 (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