taxes Property Tax Assistance

2024 Confidence Interval Detail

Hockley County
110-902/Levelland 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 2 154,375,982 0.9819 157,221,695 20 1,963 0.068778096
A 3 158,175,901 1.0782 146,703,674 39 1,049 0.019447915
A 4 172,997,540 1.0384 166,600,096 36 801 0.010867417
A 5 194,505,000 1.0206 190,579,071 30 598 0.014447341
F1 2 27,814,874 0.8871 31,354,835 10 328 0.016683820
F1 3 29,256,030 0.8975 32,597,248 9 88 0.045645088
F1 4 29,637,860 0.9800 30,242,714 8 31 0.007916468
F1 5 25,872,479 0.9498 27,239,923 6 8 0.002137316
G1 2 109,230,954 0.9980 109,449,854 15 69 0.007440159
G1 3 126,396,187 1.0224 123,626,943 7 9 0.011352842
L1 2 25,544,340 1.0142 25,186,689 10 156 0.002758801
L1 3 26,195,780 1.0087 25,969,842 7 22 0.000126317
L1 5 43,326,580 1.0416 41,596,179 1 2 0.000000000
Random Totals: 1,123,329,507 1,108,368,763 198 5,124
CATG D1 EXCEPTION VALUES: 32,274,297 20,609,807
CATG G1 EXCEPTION VALUES: 370,434,650 370,378,146
CATG L1 EXCEPTION VALUES: 15,194,450 14,083,161
Total Test Values 1,541,232,904 1,513,439,877

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 75,671,994

Confidence Interval Values(5)

Local Test Value: 1,541,232,904 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,437,767,883 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,589,111,871 (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