taxes Property Tax Assistance

2023 Confidence Interval Detail

Lee County
144-902/Lexington ISD

Category Summary

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

Stratum
Variance
A 40,203,113 0.9554 42,079,875 12 330 0.131034631
A 42,730,440 1.0282 41,558,491 13 195 0.102815818
A 56,158,207 1.0601 52,974,443 12 188 0.089037158
A 62,756,754 0.9938 63,148,273 12 133 0.046963139
E 456,991,280 0.9269 493,031,913 26 2,230 0.031206598
Random Totals: 658,839,794 692,792,995 75 3,076
CATG D1 EXCEPTION VALUES: 10,302,985 10,491,237
CATG J EXCEPTION VALUES: 5,043,280 5,120,765
Total Test Values 674,186,059 708,404,997

Margin of Error

Margin of Error Percent: 5.2813906
Margin of Error Value: 37,413,635

Confidence Interval Values(5)

Local Test Value: 674,186,059 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 670,991,362 (State Test Value minus Margin of Error Percent)
State Upper Limit: 745,818,632 (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