taxes Property Tax Assistance

2023 Confidence Interval Detail

Lamb County
140-904/Littlefield ISD

Category Summary

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

Stratum
Variance
A 35,922,104 0.7311 49,134,324 11 965 0.238268467
A 34,543,640 0.8914 38,752,120 12 369 0.031470306
A 35,352,190 0.9105 38,827,227 12 235 0.014488431
A 50,621,670 1.0458 48,404,733 12 214 0.022635856
E 22,611,489 0.7398 30,564,327 19 374 0.214755915
F1 7,248,925 0.8297 8,736,802 10 142 0.042216004
F1 8,354,420 1.0370 8,056,336 7 23 0.029981289
F1 8,292,790 0.9490 8,738,451 6 8 0.006160276
Random Totals: 202,947,228 231,214,320 89 2,330
CATG D1 EXCEPTION VALUES: 20,341,215 18,669,400
CATG F1 EXCEPTION VALUES: 6,000,200 5,874,464
CATG J EXCEPTION VALUES: 17,049,961 17,378,888
Total Test Values 246,338,604 273,137,072

Margin of Error

Margin of Error Percent: 6.1794987
Margin of Error Value: 16,878,502

Confidence Interval Values(5)

Local Test Value: 246,338,604 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 256,258,570 (State Test Value minus Margin of Error Percent)
State Upper Limit: 290,015,574 (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