taxes Property Tax Assistance

2023 Confidence Interval Detail

Lamar County
139-912/Prairiland ISD

Category Summary

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

Stratum
Variance
A 29,634,098 0.7499 39,517,400 12 355 0.070833098
A 33,660,940 1.0731 31,367,943 13 248 0.070178502
A 38,059,500 1.0993 34,621,577 13 203 0.039878685
A 53,184,840 1.0788 49,300,000 12 184 0.027936561
E 313,541,904 1.0401 301,453,614 21 1,981 0.129950015
F1 8,112,856 0.8462 9,587,398 12 92 0.033588730
F1 7,860,400 0.7991 9,836,566 7 38 0.023654076
F1 8,005,750 0.9331 8,579,734 9 20 0.027437617
F1 11,310,970 0.9424 12,002,303 5 10 0.005279864
L1 7,495,450 0.9628 7,785,054 7 13 0.001373901
Random Totals: 510,866,708 504,051,589 111 3,144
CATG D1 EXCEPTION VALUES: 10,082,834 12,368,530
CATG J EXCEPTION VALUES: 7,034,228 7,027,964
CATG L1 EXCEPTION VALUES: 0 0
Total Test Values 527,983,770 523,448,083

Margin of Error

Margin of Error Percent: 9.1069289
Margin of Error Value: 47,670,045

Confidence Interval Values(5)

Local Test Value: 527,983,770 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 475,778,038 (State Test Value minus Margin of Error Percent)
State Upper Limit: 571,118,128 (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