taxes Property Tax Assistance

2024 Confidence Interval Detail

Lynn County
085-903/Southland 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
E 0 1,994,610 0.9170 2,175,147 12 27 0.029625248
F1 0 982,300 1.0531 932,770 3 4 0.000005916
G1 2 266,360 0.9848 270,471 4 5 0.000548484
Random Totals: 3,243,270 3,378,388 19 36
CATG D1 EXCEPTION VALUES: 4,755,325 5,013,205
CATG G1 EXCEPTION VALUES: 539,080 543,923
CATG J EXCEPTION VALUES: 635,390 641,076
Total Test Values 9,173,065 9,576,592

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 478,830

Confidence Interval Values(5)

Local Test Value: 9,173,065 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 9,097,762 (State Test Value minus Margin of Error Percent)
State Upper Limit: 10,055,422 (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