taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
152/Lubbock
152-902/New Deal ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 15,762,779 0.9271 17,002,242 10 455 .009380451
A 16,758,343 0.8908 18,812,689 10 193 .005662849
A 16,141,828 0.9843 16,399,297 9 126 .007313616
A 16,834,532 0.8630 19,506,990 10 78 .009512992
E 18,458,884 0.8960 20,601,433 15 294 .030036852
G1 9,075,613 0.9678 9,377,571 5 12 .065127038
Random Totals: 93,031,979   101,700,222 59 1,158  
Catg J Exception Values: 2,398,985   2,202,114      
Catg D1 Exception Values: 20,792,945   18,218,658      
Catg G1 Exception Values: 35,711,700   34,029,585      
Total Test Values (4): 151,935,609   156,150,579      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,807,529

Confidence Interval Values (5)

State Lower Limit: 148,343,050 (State Test Value minus Margin of Error Percent)
Local Test Value: 151,935,609 (Within Confidence Interval)
State Upper Limit: 163,958,108 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 215,119,806 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories