taxes Property Tax Assistance

2018 Confidence Interval Detail

182/Palo Pinto
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 189,221,176 0.9112 207,661,519 39 840 .049107710
A 184,369,678 0.9686 190,346,560 23 392 .008941660
A 195,466,760 0.9875 197,941,023 28 234 .010704002
A 198,056,290 0.9442 209,760,951 9 115 .019061371
C1 14,766,700 1.0867 13,588,571 15 498 .085292337
C1 11,923,940 1.0155 11,741,940 10 205 .026945432
C1 13,385,780 1.1870 11,276,984 10 102 .102316738
C1 13,976,970 1.1391 12,270,187 7 42 .066619101
Random Totals: 821,167,294   854,587,735 141 2,428  
Catg D1 Exception Values: 8,871,630   8,927,048      
Total Test Values (4): 830,038,924   863,514,783      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 43,175,739

Confidence Interval Values (5)

State Lower Limit: 820,339,044 (State Test Value minus Margin of Error Percent)
Local Test Value: 830,038,924 (Within Confidence Interval)
State Upper Limit: 906,690,522 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 972,662,401 (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