taxes Property Tax Assistance

2024 Confidence Interval Detail

Lamb County
140-904/Littlefield ISD

Category Summary

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

Stratum
Variance
A 2 39,740,140 0.5371 73,990,207 11 965 0.262202504
A 3 39,048,180 0.8366 46,674,851 13 374 0.112828511
A 4 38,647,200 0.9857 39,207,873 18 231 0.016093000
A 5 49,128,330 1.0478 46,887,125 12 190 0.023813607
E 0 22,911,269 0.7681 29,828,498 21 368 0.271278088
F1 2 7,706,055 0.9275 8,308,415 10 140 0.016591589
F1 3 7,940,630 0.9401 8,446,580 7 21 0.007736602
F1 4 8,163,600 1.0678 7,645,252 5 8 0.008129592
Random Totals: 213,285,404 260,988,801 97 2,297
CATG D1 EXCEPTION VALUES: 20,628,733 12,089,811
CATG F1 EXCEPTION VALUES: 6,000,200 5,958,980
CATG J EXCEPTION VALUES: 22,004,030 23,276,028
Total Test Values 261,918,367 302,313,620

Margin of Error

Margin of Error Percent: 8.3993890
Margin of Error Value: 25,392,497

Confidence Interval Values(5)

Local Test Value: 261,918,367 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 276,921,123 (State Test Value minus Margin of Error Percent)
State Upper Limit: 327,706,117 (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