taxes Property Tax Assistance

2018 Confidence Interval Detail

144/Lee
144-902/Lexington ISD

Category Summary

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

Stratum
Variance
A 21,141,350 0.7891 26,791,725 12 333 0.092449783
A 24,683,509 0.8632 28,595,353 15 211 0.068306151
A 22,152,420 0.9617 23,034,647 11 130 0.037290868
A 28,828,929 0.9851 29,264,977 13 112 0.027154871
E 226,513,868 0.8802 257,343,636 23 2061 0.042148837
Random Totals: 323,320,076 365,030,338 74 2,847
CATG D1 EXCEPTION VALUES: 11,188,304 10,476,816
Total Test Values(1) 334,508,380 375,507,154

Margin of Error

Margin of Error Percent: 6.1045618
Margin of Error Value: 22,923,066

Confidence Interval Values(5)

Local Test Value: 334,508,380 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 352,584,088 (State Test Value minus Margin of Error Percent)
State Upper Limit: 398,430,220 (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