taxes Property Tax Assistance

2025 Confidence Interval Detail

Lamb County
140-905/Olton 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 12,667,530 0.8705 14,552,016 15 283 463,297,472
A 3 12,013,010 0.9820 12,233,208 16 132 774,288,821
A 4 16,385,230 0.9476 17,291,294 15 111 2,722,978,510
A 5 14,139,660 0.9858 14,343,335 16 55 4,893,844,589
E 0 28,270,130 0.8592 32,902,851 20 342 17,395,589,960
L1 2 8,995,440 0.9544 9,425,231 8 25 412,091,410,740
Random Totals: 92,471,000 100,747,935 90 948
CATG D1 EXCEPTION VALUES: 28,675,773 14,880,856
Total Test Values 121,146,773 115,628,791

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,781,440

Confidence Interval Values(5)

Local Test Value: 121,146,773 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 109,847,351 (State Test Value minus Margin of Error Percent)
State Upper Limit: 121,410,231 (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