taxes Property Tax Assistance

2018 Confidence Interval Detail

148/Lipscomb
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 2,180,470 0.6674 3,267,111 12 81 .058576574
A 1,865,650 0.9494 1,965,083 9 35 .069162914
A 2,080,610 0.7082 2,937,885 9 29 .118154982
A 2,015,910 0.6212 3,245,187 7 22 .015974335
G1 21,879,643 0.9883 22,138,665 15 156 .022975809
G1 21,519,893 0.9880 21,781,268 12 47 .034169925
G1 21,767,769 1.0004 21,759,065 10 27 .003223766
G1 21,079,628 0.9745 21,631,224 8 14 .020662490
Random Totals: 94,389,573   98,725,488 82 411  
Catg D1 Exception Values: 12,261,440   11,910,499      
Total Test Values (4): 106,651,013   110,635,987      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,531,799

Confidence Interval Values (5)

State Lower Limit: 105,104,188 (State Test Value minus Margin of Error Percent)
Local Test Value: 106,651,013 (Within Confidence Interval)
State Upper Limit: 116,167,786 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 136,671,812 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories