taxes Property Tax Assistance

2023 Confidence Interval Detail

Lubbock County
152-903/Slaton ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 82,269,390 0.8720 94,345,631 18 1,067 0.067850598
A 99,940,654 0.9355 106,831,271 15 671 0.060972685
A 94,852,913 0.9248 102,565,866 25 377 0.029601744
A 95,023,395 0.9402 101,067,214 15 178 0.050936155
E 37,338,791 1.0524 35,479,657 10 281 0.188270552
F1 12,756,583 1.0714 11,906,462 11 118 0.021238340
F1 11,658,450 1.1303 10,314,474 8 32 0.053357922
F1 12,531,927 1.1842 10,582,610 7 16 0.105737025
F1 11,113,571 0.9824 11,312,674 4 6 0.003605158
Random Totals: 457,485,674 484,405,859 113 2,746
CATG D1 EXCEPTION VALUES: 6,990,058 9,969,095
CATG J EXCEPTION VALUES: 167,675,623 169,626,200
Total Test Values 632,151,355 664,001,154

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 33,200,058

Confidence Interval Values(5)

Local Test Value: 632,151,355 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 630,801,096 (State Test Value minus Margin of Error Percent)
State Upper Limit: 697,201,212 (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