taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
152/Lubbock
152-907/Frenship ISD

Category Summary

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

Stratum
Variance
A 396,317,059 0.9996 396,475,649 132 4,103 .006602325
A 410,359,081 0.9803 418,605,612 125 2,946 .005897414
A 424,695,224 0.9772 434,604,200 73 2,027 .008114704
A 427,054,455 0.9681 441,126,387 43 1,165 .008568692
B 42,207,960 1.0360 40,741,274 11 214 .013121763
B 45,588,904 0.9414 48,426,709 5 10 .015228419
F1 129,330,084 0.8750 147,805,810 14 333 .049750701
F1 127,770,918 0.8937 142,968,466 9 104 .080202211
F1 129,426,746 0.9579 135,115,091 8 47 .040948222
F1 144,159,340 1.1354 126,967,888 6 17 .028548100
L1 37,147,463 1.0056 36,940,596 10 414 .002005864
L1 40,042,821 0.9955 40,223,828 9 92 .004750789
L1 34,257,756 0.9718 35,251,858 8 30 .004526911
L1 47,326,126 0.9680 48,890,626 4 10 .002576308
Random Totals: 2,435,683,937   2,494,143,994 457 11,512  
Catg D1 Exception Values: 16,448,791   14,404,745      
Catg B Exception Values: 87,976,517   90,213,843      
Total Test Values (4): 2,540,109,245   2,598,762,582      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 129,938,129

Confidence Interval Values (5)

State Lower Limit: 2,468,824,453 (State Test Value minus Margin of Error Percent)
Local Test Value: 2,540,109,245 (Within Confidence Interval)
State Upper Limit: 2,728,700,711 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,764,439,697 (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