taxes Property Tax Assistance

2020 Confidence Interval Detail

Lamb County
140-904/Littlefield ISD

Category Summary

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

Stratum
Variance
A 26,998,130 0.7030 38,404,168 15 970 0.101115141
A 27,200,990 0.7788 34,926,798 15 394 0.076545216
A 26,734,620 0.9144 29,237,336 16 232 0.044875716
A 27,156,150 0.9471 28,672,949 15 153 0.013990296
E 17,175,265 0.6836 25,124,729 22 368 0.252731731
F1 5,555,695 0.9284 5,984,161 10 149 0.028077117
F1 5,676,120 0.8248 6,881,814 8 27 0.087214062
F1 5,806,281 1.0351 5,609,391 5 10 0.030472699
F1 5,245,390 0.9177 5,715,800 3 4 0.005806498
L1 3,737,300 1.0030 3,726,122 10 57 0.000820893
L1 3,746,580 0.9973 3,756,723 7 17 0.000711958
L1 3,155,740 0.9651 3,269,858 3 4 0.004522333
Random Totals: 158,188,261 191,309,849 129 2,385
CATG D1 EXCEPTION VALUES: 28,928,008 24,137,035
CATG J EXCEPTION VALUES: 13,211,430 16,982,174
CATG L1 EXCEPTION VALUES: 3,496,020 3,420,366
Total Test Values 203,823,719 235,849,424

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,792,471

Confidence Interval Values(5)

Local Test Value: 203,823,719 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 224,056,953 (State Test Value minus Margin of Error Percent)
State Upper Limit: 247,641,895 (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