taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
119-903/Perrin-Whitt CISD

Category Summary

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

Stratum
Variance
D2 985,060 1.0020 983,094 10 34 .000498017
E 10,596,690 0.9797 10,816,260 13 100 .059761521
G1 655,870 1.0832 605,493 9 13 .039617494
G1 782,700 1.0215 766,226 4 5 .005526245
Random Totals: 13,020,320   13,171,073 36 152  
Catg J Exception Values: 396,650   446,427      
Catg D1 Exception Values: 943,880   909,690      
Catg G1 Exception Values: 1,070,640   1,079,662      
Total Test Values (4): 15,431,490   15,606,852      

Margin of Error

Margin of Error Percent: 8.9254130
Margin of Error Value: 1,392,976

Confidence Interval Values (5)

State Lower Limit: 14,213,876 (State Test Value minus Margin of Error Percent)
Local Test Value: 15,431,490 (Within Confidence Interval)
State Upper Limit: 16,999,828 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 16,506,276 (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, 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
(6) Includes local value of unstudied property categories and sub-categories