taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
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 17,437,700 1.0128 17,217,318 11 203 .039887026
A 16,373,570 0.9759 16,777,918 10 49 .017859130
A 17,416,190 1.0434 16,691,767 9 36 .011327307
A 17,369,330 1.0115 17,171,854 9 23 .001802452
C1 6,248,510 1.0214 6,117,593 17 236 .068866619
C1 2,227,070 1.1321 1,967,203 9 51 .058355306
C1 2,887,890 1.1187 2,581,470 11 50 .031734266
C1 3,208,830 1.0150 3,161,409 6 35 .018324317
E 23,226,970 0.9588 24,225,042 14 253 .010832657
F1 2,615,710 0.8933 2,928,143 9 34 .020162593
F1 1,773,830 0.9715 1,825,867 4 7 .012557420
Random Totals: 110,785,600   110,665,584 109 977  
Catg J Exception Values: 4,325,470   4,679,654      
Catg D1 Exception Values: 5,417,990   5,415,715      
Catg F1 Exception Values: 3,169,310   3,246,530      
Total Test Values (4): 123,698,370   124,007,483      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,200,374

Confidence Interval Values (5)

State Lower Limit: 117,807,109 (State Test Value minus Margin of Error Percent)
Local Test Value: 123,698,370 (Within Confidence Interval)
State Upper Limit: 130,207,857 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 142,874,028 (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