taxes Property Tax Assistance

2024 Confidence Interval Detail

Lamb County
140-904/Littlefield 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 39,740,140 0.5188 76,600,116 12 965 0.231447350
A 3 39,048,180 0.8366 46,674,851 13 374 0.112828511
A 4 38,647,200 0.9857 39,207,873 18 231 0.016093000
A 5 49,128,330 1.0478 46,887,125 12 190 0.023813607
E 0 22,911,269 0.7579 30,229,937 21 368 0.289240180
F1 2 7,706,055 0.8406 9,167,327 10 140 0.041132508
F1 3 7,940,630 0.8721 9,105,183 7 21 0.008134056
F1 4 8,163,600 0.9994 8,168,501 5 8 0.008954757
Random Totals: 213,285,404 266,040,913 98 2,297
CATG D1 EXCEPTION VALUES: 20,628,733 12,089,811
CATG F1 EXCEPTION VALUES: 6,000,200 5,958,980
CATG J EXCEPTION VALUES: 22,004,030 23,276,028
Total Test Values 261,918,367 307,365,732

Margin of Error

Margin of Error Percent: 7.8479428
Margin of Error Value: 24,121,887

Confidence Interval Values(5)

Local Test Value: 261,918,367 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 283,243,845 (State Test Value minus Margin of Error Percent)
State Upper Limit: 331,487,619 (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