taxes Property Tax Assistance

2023 Confidence Interval Detail

Hockley County
110-902/Levelland ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 140,467,631 0.7429 189,080,133 22 2,012 0.056413158
A 133,449,470 0.7846 170,085,993 17 967 0.015550340
A 177,242,144 0.9331 189,949,785 19 882 0.017552449
A 169,512,080 0.8860 191,322,889 20 543 0.027309510
F1 26,874,423 0.9422 28,523,056 10 324 0.007146723
F1 26,286,390 0.9372 28,047,791 10 83 0.024009527
F1 29,770,600 0.9881 30,129,137 8 34 0.000651075
F1 27,559,871 0.9586 28,750,126 7 9 0.004765347
G1 116,856,507 1.0422 112,124,839 9 73 0.003433821
G1 132,662,271 1.0304 128,748,322 5 9 0.000677185
L1 21,135,070 1.0522 20,086,552 10 139 0.009592194
L1 17,313,750 1.0107 17,130,454 8 25 0.003077072
L1 24,822,600 1.0206 24,321,576 4 7 0.004818086
Random Totals: 1,043,952,807 1,158,300,653 149 5,107
CATG D1 EXCEPTION VALUES: 37,667,459 20,318,327
CATG G1 EXCEPTION VALUES: 386,424,620 402,892,019
CATG L1 EXCEPTION VALUES: 38,234,030 37,004,527
Total Test Values 1,506,278,916 1,618,515,526

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 80,925,776

Confidence Interval Values(5)

Local Test Value: 1,506,278,916 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,537,589,750 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,699,441,302 (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