taxes Property Tax Assistance

2019 Confidence Interval Detail

Lamb County
140-907/Springlake-Earth ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,711,932 0.7590 4,890,556 15 183 0.034387795
A 3,851,150 0.8153 4,723,599 15 95 0.029077662
A 4,606,390 0.8974 5,133,040 15 68 0.007173940
A 4,587,022 0.8601 5,333,126 15 35 0.023703934
E 12,007,632 0.9479 12,667,615 20 186 0.130429489
Random Totals: 28,764,126 32,747,936 80 567
CATG D1 EXCEPTION VALUES: 19,709,914 13,648,338
CATG J EXCEPTION VALUES: 4,560,980 4,674,085
Total Test Values(2) 53,035,020 51,070,359

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,553,518

Confidence Interval Values(5)

Local Test Value: 53,035,020 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 48,516,841 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,623,877 (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