taxes Property Tax Assistance

2024 Confidence Interval Detail

Lee County
144-902/Lexington 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 52,700,905 0.9855 53,476,312 12 372 0.202940000
A 3 46,996,400 0.9385 50,076,079 12 190 0.028669175
A 4 56,946,993 1.0460 54,442,632 12 171 0.023419653
A 5 73,903,323 1.2199 60,581,460 12 143 0.025449435
E 0 528,007,047 0.9970 529,595,835 20 2,428 0.099513917
Random Totals: 758,554,668 748,172,318 68 3,304
CATG D1 EXCEPTION VALUES: 9,876,089 9,956,500
CATG J EXCEPTION VALUES: 5,360,440 5,558,879
Total Test Values 773,791,197 763,687,697

Margin of Error

Margin of Error Percent: 9.9439426
Margin of Error Value: 75,940,666

Confidence Interval Values(5)

Local Test Value: 773,791,197 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 687,747,031 (State Test Value minus Margin of Error Percent)
State Upper Limit: 839,628,363 (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