taxes Property Tax Assistance

2020 Confidence Interval Detail

Lamb County
140-901/Amherst ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2,072,840 0.5263 3,938,514 15 127 0.052052941
A 2,120,840 0.6940 3,055,965 16 64 0.029623698
A 2,101,060 0.7663 2,741,824 15 35 0.013953404
A 2,057,850 0.8950 2,299,245 15 17 0.039864141
E 6,574,170 1.0609 6,196,786 20 123 0.198161382
Random Totals: 14,926,760 18,232,334 81 366
CATG D1 EXCEPTION VALUES: 10,255,550 7,706,464
CATG J EXCEPTION VALUES: 3,599,630 4,627,220
Total Test Values 28,781,940 30,566,018

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,528,301

Confidence Interval Values(5)

Local Test Value: 28,781,940 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 29,037,717 (State Test Value minus Margin of Error Percent)
State Upper Limit: 32,094,319 (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