taxes Property Tax Assistance

2016 Confidence Interval Detail

182/Palo Pinto
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 4,244,560 0.9907 4,284,405 8 38 .011301182
E 14,970,920 0.9361 15,992,864 13 137 .011848042
Random Totals: 19,215,480   20,277,269 21 175  
Catg D1 Exception Values: 759,170   635,734      
Total Test Values (4): 19,974,650   20,913,003      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,045,650

Confidence Interval Values (5)

State Lower Limit: 19,867,353 (State Test Value minus Margin of Error Percent)
Local Test Value: 19,974,650 (Within Confidence Interval)
State Upper Limit: 21,958,653 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 18,662,185 (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, D3, 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