taxes Property Tax Assistance

2024 Confidence Interval Detail

Parmer County
185-904/Lazbuddie 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
D2 0 5,447,930 0.9993 5,451,746 13 144 0.001641360
E 0 39,756,524 1.0333 38,475,297 20 340 0.010877532
Random Totals: 45,204,454 43,927,043 33 484
CATG D1 EXCEPTION VALUES: 31,752,782 32,155,141
CATG J EXCEPTION VALUES: 1,064,920 1,166,966
Total Test Values 78,022,156 77,249,150

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,862,458

Confidence Interval Values(5)

Local Test Value: 78,022,156 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 73,386,692 (State Test Value minus Margin of Error Percent)
State Upper Limit: 81,111,608 (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