taxes Property Tax Assistance

2021 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 27,499,650 0.7353 37,399,225 15 966 0.086525962
A 27,916,300 0.7599 36,736,807 17 398 0.075915895
A 23,939,330 0.8886 26,940,502 15 211 0.049526631
A 46,523,340 0.8393 55,431,121 15 254 0.023806093
E 18,705,525 0.4950 37,788,939 23 370 0.190380619
F1 5,745,315 0.9600 5,984,703 10 155 0.005163654
F1 5,864,330 0.9338 6,280,071 8 28 0.010712740
F1 5,806,281 1.0912 5,321,005 5 10 0.030451187
F1 5,226,394 1.1615 4,499,693 3 4 0.038033646
L1 2,852,740 0.9593 2,973,773 9 50 0.003695329
L1 4,465,350 0.9979 4,474,747 7 22 0.001922284
Random Totals: 174,544,555 223,830,586 127 2,468
CATG D1 EXCEPTION VALUES: 28,053,674 22,899,437
CATG J EXCEPTION VALUES: 11,025,440 11,403,096
CATG L1 EXCEPTION VALUES: 5,883,610 5,952,102
Total Test Values 219,507,279 264,085,221

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,204,261

Confidence Interval Values(5)

Local Test Value: 219,507,279 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 250,880,960 (State Test Value minus Margin of Error Percent)
State Upper Limit: 277,289,482 (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