taxes Property Tax Assistance

2022 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 4,750,770 0.6850 6,935,431 10 164 0.191995441
A 4,758,660 0.8233 5,779,983 10 73 0.112601066
A 6,615,790 0.8640 7,657,164 10 65 0.054396150
A 7,825,050 1.0292 7,603,041 10 33 0.009048222
Random Totals: 23,950,270 27,975,619 40 335
CATG D1 EXCEPTION VALUES: 17,810,689 13,929,409
CATG J EXCEPTION VALUES: 12,255,160 12,800,599
Total Test Values 54,016,119 54,705,627

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,735,281

Confidence Interval Values(5)

Local Test Value: 54,016,119 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 51,970,346 (State Test Value minus Margin of Error Percent)
State Upper Limit: 57,440,908 (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