taxes Property Tax Assistance

2021 Confidence Interval Detail

Lubbock County
152-903/Slaton ISD

Category Summary

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

Stratum
Variance
A 62,382,609 0.9218 67,674,777 15 1,015 0.124983397
A 65,091,197 0.9585 67,909,439 17 522 0.030654821
A 73,755,430 0.9449 78,056,334 19 352 0.063390833
A 71,136,920 0.9816 72,470,375 9 160 0.010798080
F1 10,313,799 1.0243 10,069,119 10 120 0.032063990
F1 11,871,178 1.1122 10,673,600 8 36 0.014842319
F1 9,202,395 0.9871 9,322,657 6 12 0.000880346
F1 10,428,642 1.0450 9,979,562 4 6 0.003493970
Random Totals: 314,182,170 326,155,863 88 2,223
CATG D1 EXCEPTION VALUES: 8,542,854 9,447,818
CATG J EXCEPTION VALUES: 138,566,396 146,483,721
Total Test Values 461,291,420 482,087,402

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,104,370

Confidence Interval Values(5)

Local Test Value: 461,291,420 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 457,983,032 (State Test Value minus Margin of Error Percent)
State Upper Limit: 506,191,772 (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