taxes Property Tax Assistance

2023 Confidence Interval Detail

Lubbock County
152-902/New Deal ISD

Category Summary

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

Stratum
Variance
A 28,198,161 0.8101 34,808,247 13 289 0.176363677
A 30,424,243 0.9468 32,133,759 14 138 0.034296489
A 29,648,913 0.9293 31,904,566 10 101 0.028309210
A 44,426,987 1.0425 42,615,815 10 97 0.020624159
E 92,208,095 0.8657 106,512,758 21 670 0.094872120
F1 30,419,183 1.0140 29,999,194 8 28 0.000285218
G1 12,093,276 1.0230 11,821,384 6 15 0.000292419
L1 32,185,060 1.1310 28,457,171 8 21 0.167338681
Random Totals: 299,603,918 318,252,894 90 1,359
CATG D1 EXCEPTION VALUES: 12,915,636 18,309,742
CATG G1 EXCEPTION VALUES: 9,761,365 9,849,322
CATG J EXCEPTION VALUES: 10,705,042 11,023,096
CATG L1 EXCEPTION VALUES: 48,911,743 52,526,566
Total Test Values 381,897,704 409,961,620

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,498,081

Confidence Interval Values(5)

Local Test Value: 381,897,704 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 389,463,539 (State Test Value minus Margin of Error Percent)
State Upper Limit: 430,459,701 (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