taxes Property Tax Assistance

2019 Confidence Interval Detail

Lamb County
140-905/Olton ISD

Category Summary

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

Stratum
Variance
A 7,678,270 0.8249 9,308,122 14 302 0.025209591
A 8,209,650 0.8992 9,129,949 15 154 0.021053933
A 7,764,360 0.9257 8,387,555 15 90 0.005157419
A 10,076,010 0.9991 10,085,087 15 62 0.033680934
E 21,727,171 1.0988 19,773,545 20 363 0.354227568
L1 8,931,920 1.1297 7,906,453 10 33 0.011345294
Random Totals: 64,387,381 64,590,711 89 1,004
CATG D1 EXCEPTION VALUES: 37,750,586 26,248,739
CATG J EXCEPTION VALUES: 6,023,550 6,126,440
Total Test Values(2) 108,161,517 96,965,890

Margin of Error

Margin of Error Percent: 5.4316884
Margin of Error Value: 5,266,885

Confidence Interval Values(5)

Local Test Value: 108,161,517 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 91,699,005 (State Test Value minus Margin of Error Percent)
State Upper Limit: 102,232,775 (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