taxes Property Tax Assistance

2019 Confidence Interval Detail

Lynn County
153-905/New Home ISD

Category Summary

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

Stratum
Variance
A 7,882,170 1.0078 7,821,165 12 66 0.013182213
A 11,176,590 0.9453 11,823,326 15 41 0.008824366
A 6,383,140 0.9127 6,993,689 8 17 0.019263659
A 6,988,620 0.9489 7,364,970 8 15 0.009129754
E 47,443,150 1.0458 45,365,414 20 250 0.040023727
Random Totals: 79,873,670 79,368,564 63 389
CATG D1 EXCEPTION VALUES: 24,904,694 23,396,499
Total Test Values(1) 104,778,364 102,765,063

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,138,253

Confidence Interval Values(5)

Local Test Value: 104,778,364 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 97,626,810 (State Test Value minus Margin of Error Percent)
State Upper Limit: 107,903,316 (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