taxes Property Tax Assistance

2022 Confidence Interval Detail

Parmer County
185-904/Lazbuddie ISD

Category Summary

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

Stratum
Variance
E 30,708,452 1.0510 29,218,318 21 335 0.137647902
Random Totals: 30,708,452 29,218,318 21 335
CATG D1 EXCEPTION VALUES: 13,999,522 13,215,510
CATG J EXCEPTION VALUES: 1,096,480 1,160,821
Total Test Values 45,804,454 43,594,649

Margin of Error

Margin of Error Percent: 10.9533165
Margin of Error Value: 4,775,060

Confidence Interval Values(5)

Local Test Value: 45,804,454 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 38,819,589 (State Test Value minus Margin of Error Percent)
State Upper Limit: 48,369,709 (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