taxes Property Tax Assistance

2024 Confidence Interval Detail

Lipscomb County
106-901/Canadian 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
G1 2 22,155,647 1.0003 22,149,002 10 173 0.000122508
G1 3 21,878,723 1.0007 21,863,419 9 57 0.000134531
G1 4 21,949,951 1.0014 21,919,264 8 35 0.000022507
G1 5 21,895,566 0.9997 21,902,137 6 11 0.000042506
Random Totals: 87,879,887 87,833,822 33 276
CATG D1 EXCEPTION VALUES: 6,541,562 3,591,884
CATG J EXCEPTION VALUES: 1,614,175 1,602,047
Total Test Values 96,035,624 93,027,753

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,651,388

Confidence Interval Values(5)

Local Test Value: 96,035,624 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 88,376,365 (State Test Value minus Margin of Error Percent)
State Upper Limit: 97,679,141 (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