taxes Property Tax Assistance

2024 Confidence Interval Detail

Lamar County
139-905/Chisum 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 17,341,400 1.0051 17,253,408 12 196 0.090638100
A 3 27,085,000 1.1063 24,482,509 12 175 0.032539181
A 4 31,745,640 1.1036 28,765,531 12 148 0.012887465
A 5 49,954,810 1.0361 48,214,275 12 151 0.012103698
E 0 346,238,766 0.9460 366,002,924 22 2,230 0.046989058
Random Totals: 472,365,616 484,718,647 70 2,900
CATG D1 EXCEPTION VALUES: 21,428,930 23,659,642
CATG J EXCEPTION VALUES: 27,984,540 29,800,670
Total Test Values 521,779,086 538,178,959

Margin of Error

Margin of Error Percent: 6.3113452
Margin of Error Value: 33,966,332

Confidence Interval Values(5)

Local Test Value: 521,779,086 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 504,212,627 (State Test Value minus Margin of Error Percent)
State Upper Limit: 572,145,291 (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