taxes Property Tax Assistance

2023 Confidence Interval Detail

Lamar County
139-905/Chisum ISD

Category Summary

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

Stratum
Variance
A 17,370,630 0.8999 19,302,845 15 261 0.057151281
A 19,044,510 1.0128 18,803,821 12 163 0.040139607
A 22,516,420 1.0400 21,650,404 12 138 0.071106027
A 55,517,290 1.0573 52,508,550 15 215 0.022249382
E 277,994,018 0.8096 343,372,058 20 2,138 0.173912790
Random Totals: 392,442,868 455,637,678 74 2,915
CATG D1 EXCEPTION VALUES: 17,761,930 22,253,094
CATG J EXCEPTION VALUES: 49,894,495 40,891,040
Total Test Values 460,099,293 518,781,812

Margin of Error

Margin of Error Percent: 12.3089054
Margin of Error Value: 63,856,362

Confidence Interval Values(5)

Local Test Value: 460,099,293 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 454,925,450 (State Test Value minus Margin of Error Percent)
State Upper Limit: 582,638,174 (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