taxes Property Tax Assistance

2024 Confidence Interval Detail

Lipscomb County
148-902/Follett 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 2,195,030 0.5689 3,858,376 9 83 0.107104498
A 3 2,243,520 0.7103 3,158,553 11 40 0.024047684
A 4 1,994,580 0.6986 2,855,110 9 26 0.034181572
A 5 2,622,910 0.6209 4,224,368 8 26 0.054509145
G1 2 11,643,816 0.9985 11,661,308 10 151 0.000208257
G1 3 11,598,222 0.9944 11,663,538 9 42 0.000010169
G1 4 12,003,229 0.9985 12,021,261 8 25 0.000018056
G1 5 11,011,695 1.0001 11,010,594 6 12 0.000003717
Random Totals: 55,313,002 60,453,108 70 405
CATG D1 EXCEPTION VALUES: 11,733,110 5,851,519
CATG J EXCEPTION VALUES: 2,327,821 2,545,586
Total Test Values 69,373,933 68,850,213

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,442,511

Confidence Interval Values(5)

Local Test Value: 69,373,933 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 65,407,702 (State Test Value minus Margin of Error Percent)
State Upper Limit: 72,292,724 (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