taxes Property Tax Assistance

2024 Confidence Interval Detail

Lubbock County
152-902/New Deal 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 44,213,441 0.7319 60,409,128 16 473 0.285196280
A 3 33,909,900 1.1975 28,317,244 13 141 0.059375662
A 4 31,202,425 0.9662 32,293,961 12 95 0.017693002
A 5 35,003,825 1.0205 34,300,661 12 69 0.023119547
E 0 114,261,209 0.9589 119,158,629 23 688 0.020972139
F1 2 59,599,270 0.9958 59,850,643 8 34 0.001807768
G1 2 7,551,253 1.0037 7,523,416 6 14 0.000002929
L1 2 58,741,810 0.9678 60,696,229 14 20 0.016342152
Random Totals: 384,483,133 402,549,911 104 1,534
CATG D1 EXCEPTION VALUES: 18,926,543 11,812,828
CATG G1 EXCEPTION VALUES: 15,139,895 15,050,583
CATG J EXCEPTION VALUES: 12,915,688 13,465,805
Total Test Values 431,465,259 442,879,127

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,143,956

Confidence Interval Values(5)

Local Test Value: 431,465,259 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 420,735,171 (State Test Value minus Margin of Error Percent)
State Upper Limit: 465,023,083 (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