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 0.8548 76,147,867 20 522 0.125205921
A 73,755,430 0.9265 79,606,508 21 352 0.061243093
A 71,136,920 0.9816 72,470,375 9 160 0.010798080
F1 10,313,799 1.0108 10,203,600 10 120 0.033480461
F1 11,871,178 1.1122 10,673,600 8 36 0.014842319
F1 9,202,395 0.9800 9,390,199 6 12 0.001200827
F1 10,428,642 0.9763 10,681,801 4 6 0.011055650
Random Totals: 314,182,170 336,848,727 93 2,223
CATG D1 EXCEPTION VALUES: 8,534,726 9,435,323
CATG J EXCEPTION VALUES: 138,566,396 159,953,564
Total Test Values 461,283,292 506,237,614

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 25,311,881

Confidence Interval Values(5)

Local Test Value: 461,283,292 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 480,925,733 (State Test Value minus Margin of Error Percent)
State Upper Limit: 531,549,495 (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