taxes Property Tax Assistance

2022 Confidence Interval Detail

Lamb County
140-904/Littlefield ISD

Category Summary

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

Stratum
Variance
A 31,708,110 0.5275 60,110,161 10 971 0.075899655
A 31,834,300 0.7384 43,112,541 13 393 0.055188441
A 28,172,870 0.8306 33,918,697 13 214 0.020393585
A 50,434,720 0.9562 52,744,949 19 240 0.025243321
E 20,574,910 0.6741 30,522,044 16 369 0.186777491
F1 5,701,255 0.8497 6,709,727 11 151 0.081619383
F1 5,947,710 0.9101 6,535,227 9 28 0.036229945
F1 6,186,982 0.8899 6,952,446 6 10 0.030148256
F1 5,226,394 0.8845 5,908,908 4 5 0.014958009
L1 3,141,260 0.9616 3,266,701 9 48 0.002437935
L1 3,164,600 0.9669 3,272,934 7 15 0.016137199
L1 3,036,060 0.9984 3,040,925 4 5 0.005185131
L1 2,133,120 1.0304 2,070,191 2 3 0.000278778
Random Totals: 197,262,291 258,165,451 123 2,452
CATG D1 EXCEPTION VALUES: 22,624,213 17,361,289
CATG J EXCEPTION VALUES: 14,926,710 16,487,961
Total Test Values 234,813,214 292,014,701

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,600,735

Confidence Interval Values(5)

Local Test Value: 234,813,214 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 277,413,966 (State Test Value minus Margin of Error Percent)
State Upper Limit: 306,615,436 (State Test Value plus Margin of Error Percent)

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