taxes Property Tax Assistance

2020 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 4,059,842 0.6470 6,274,872 15 189 0.032747539
A 4,235,690 0.7325 5,782,512 16 95 0.114179194
A 4,359,640 0.8634 5,049,386 15 60 0.020405919
A 4,142,012 0.8118 5,102,257 14 30 0.050995586
E 11,169,392 0.9305 12,003,645 21 186 0.378553558
Random Totals: 27,966,576 34,212,672 81 560
CATG D1 EXCEPTION VALUES: 15,546,074 11,867,800
Total Test Values 43,512,650 46,080,472

Margin of Error

Margin of Error Percent: 7.0413208
Margin of Error Value: 3,244,674

Confidence Interval Values(5)

Local Test Value: 43,512,650 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 42,835,798 (State Test Value minus Margin of Error Percent)
State Upper Limit: 49,325,146 (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