taxes Property Tax Assistance

2016 Confidence Interval Detail

182/Palo Pinto
182-905/Strawn ISD

Category Summary

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

Stratum
Variance
A 2,845,570 0.9214 3,088,311 9 127 .028982771
A 2,933,550 0.8861 3,310,631 9 65 .033467615
A 3,308,110 0.8638 3,829,718 8 43 .036710728
A 2,922,300 0.9415 3,103,877 7 22 .026385190
E 14,439,800 1.0224 14,123,435 13 142 .074012019
G1 733,820 0.9680 758,079 11 96 .083014342
G1 702,770 0.9737 721,752 7 18 .150723434
G1 864,350 0.9937 869,830 5 9 .010437151
Random Totals: 28,750,270   29,805,633 69 522  
Catg J Exception Values: 2,889,460   2,920,742      
Catg D1 Exception Values: 5,184,150   5,008,833      
Catg G1 Exception Values: 1,373,820   1,367,503      
Total Test Values (4): 38,197,700   39,102,711      

Margin of Error

Margin of Error Percent: 5.5708260
Margin of Error Value: 2,178,344

Confidence Interval Values (5)

State Lower Limit: 36,924,367 (State Test Value minus Margin of Error Percent)
Local Test Value: 38,197,700 (Within Confidence Interval)
State Upper Limit: 41,281,055 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 53,899,855 (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