taxes Property Tax Assistance

2024 Confidence Interval Detail

Lamar County
139-912/Prairiland 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 30,965,370 1.0961 28,250,497 13 310 0.020893105
A 3 48,893,180 1.1065 44,187,239 14 318 0.016402835
A 4 51,366,530 1.0831 47,425,473 14 244 0.013932129
A 5 48,226,590 0.9769 49,366,967 12 150 0.021903957
E 0 342,562,223 0.9889 346,407,345 20 2,068 0.058315417
F1 2 9,042,110 0.5993 15,087,786 11 92 0.169503730
F1 3 9,423,200 0.6842 13,772,581 9 41 0.103297408
F1 4 9,213,200 0.6064 15,193,272 9 18 0.063446222
F1 5 9,832,960 0.9190 10,699,630 4 6 0.088659609
Random Totals: 559,525,363 570,390,790 106 3,247
CATG D1 EXCEPTION VALUES: 12,095,535 13,276,469
CATG J EXCEPTION VALUES: 13,452,124 14,333,590
Total Test Values 585,073,022 598,000,849

Margin of Error

Margin of Error Percent: 6.3205044
Margin of Error Value: 37,796,670

Confidence Interval Values(5)

Local Test Value: 585,073,022 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 560,204,179 (State Test Value minus Margin of Error Percent)
State Upper Limit: 635,797,519 (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