taxes Property Tax Assistance

2023 Confidence Interval Detail

Lubbock County
152-906/Lubbock-Cooper ISD

Category Summary

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

Stratum
Variance
A 901,353,109 0.9945 906,337,968 75 4,053 0.004638795
A 1,191,274,930 0.9942 1,198,224,633 70 3,725 0.006013013
A 1,168,188,973 0.9946 1,174,531,443 73 2,488 0.007893182
A 1,403,734,344 0.9675 1,450,888,211 75 1,699 0.015533190
F1 157,420,604 1.0205 154,258,309 10 301 0.005159545
F1 154,051,952 1.0124 152,165,105 12 131 0.004102901
F1 183,291,491 1.0550 173,736,010 9 71 0.011457187
F1 173,450,456 1.0554 164,345,704 6 18 0.012994404
Random Totals: 5,332,765,859 5,374,487,383 330 12,486
CATG D1 EXCEPTION VALUES: 9,520,887 13,117,018
Total Test Values 5,342,286,746 5,387,604,401

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 269,380,220

Confidence Interval Values(5)

Local Test Value: 5,342,286,746 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 5,118,224,181 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,656,984,621 (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