taxes Property Tax Assistance

2022 Confidence Interval Detail

Lipscomb County
148-902/Follett ISD

Category Summary

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

Stratum
Variance
A 2,105,080 0.5496 3,830,204 9 81 0.169361446
A 2,079,100 0.8602 2,416,996 8 38 0.037944637
A 2,164,250 0.7403 2,923,477 8 29 0.018879641
A 2,064,000 0.8541 2,416,579 7 21 0.028139283
G1 17,891,401 1.0061 17,782,925 10 146 0.000034290
G1 18,061,932 1.0083 17,913,252 9 50 0.000105764
G1 17,458,469 1.0144 17,210,636 8 27 0.000099139
G1 17,522,294 1.0136 17,287,188 6 14 0.000164732
Random Totals: 79,346,526 81,781,257 65 406
CATG D1 EXCEPTION VALUES: 11,548,523 8,631,081
Total Test Values 90,895,049 90,412,338

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,520,617

Confidence Interval Values(5)

Local Test Value: 90,895,049 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 85,891,721 (State Test Value minus Margin of Error Percent)
State Upper Limit: 94,932,955 (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