taxes Property Tax Assistance

2023 Confidence Interval Detail

Lipscomb County
106-901/Canadian ISD

Category Summary

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

Stratum
Variance
G1 35,445,078 1.0029 35,342,585 10 173 0.000056827
G1 35,777,334 1.0056 35,578,097 9 67 0.000062383
G1 35,269,154 1.0021 35,195,244 8 37 0.000272981
G1 34,669,267 1.0111 34,288,663 7 17 0.000329547
Random Totals: 141,160,833 140,404,589 34 294
CATG D1 EXCEPTION VALUES: 6,398,792 4,424,211
CATG J EXCEPTION VALUES: 1,619,030 1,654,245
Total Test Values 149,178,655 146,483,045

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,324,152

Confidence Interval Values(5)

Local Test Value: 149,178,655 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 139,158,893 (State Test Value minus Margin of Error Percent)
State Upper Limit: 153,807,197 (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