taxes Property Tax Assistance

2021 Confidence Interval Detail

Lamb County
140-908/Sudan ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 4,031,350 0.6122 6,585,021 15 158 0.066199625
A 4,022,680 0.7314 5,499,973 15 71 0.019104001
A 5,880,480 0.7054 8,336,377 15 66 0.082018318
A 5,772,700 1.0785 5,352,527 15 29 0.068405031
Random Totals: 19,707,210 25,773,898 60 324
CATG D1 EXCEPTION VALUES: 21,951,039 18,168,030
CATG J EXCEPTION VALUES: 373,226,060 430,677,093
Total Test Values 414,884,309 474,619,021

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,730,951

Confidence Interval Values(5)

Local Test Value: 414,884,309 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 450,888,070 (State Test Value minus Margin of Error Percent)
State Upper Limit: 498,349,972 (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