taxes Property Tax Assistance

2024 Confidence Interval Detail

Lamb County
140-901/Amherst 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 2,748,040 0.4363 6,298,510 12 113 0.071439751
A 3 3,247,260 0.6522 4,978,933 12 65 0.044146904
A 4 3,359,660 0.7546 4,452,240 13 37 0.059491031
A 5 3,312,180 0.8475 3,908,177 11 17 0.048981637
E 0 9,310,520 0.7283 12,783,908 21 132 0.267006964
Random Totals: 21,977,660 32,421,768 69 364
CATG D1 EXCEPTION VALUES: 8,178,590 4,032,464
CATG J EXCEPTION VALUES: 7,648,036 8,184,545
Total Test Values 37,804,286 44,638,777

Margin of Error

Margin of Error Percent: 6.5008072
Margin of Error Value: 2,901,881

Confidence Interval Values(5)

Local Test Value: 37,804,286 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 41,736,896 (State Test Value minus Margin of Error Percent)
State Upper Limit: 47,540,658 (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