taxes Property Tax Assistance

2024 Confidence Interval Detail

Lamb County
140-908/Sudan 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 6,440,680 0.6538 9,851,147 12 169 0.073324498
A 3 5,761,190 0.7512 7,669,316 13 68 0.023065748
A 4 8,552,770 0.6881 12,429,545 13 64 0.039606151
A 5 7,247,740 1.0313 7,027,771 12 23 0.063819104
Random Totals: 28,002,380 36,977,779 50 324
CATG D1 EXCEPTION VALUES: 16,006,835 9,520,653
CATG J EXCEPTION VALUES: 475,695,219 508,717,373
Total Test Values 519,704,434 555,215,805

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,760,790

Confidence Interval Values(5)

Local Test Value: 519,704,434 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 527,455,015 (State Test Value minus Margin of Error Percent)
State Upper Limit: 582,976,595 (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