taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
140/Lamb
140-901/Amherst ISD

Category Summary

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

Stratum
Variance
A 1,749,870 1.0023 1,745,855 15 133 .043070211
A 1,696,440 0.8682 1,953,974 15 63 .189592853
A 1,750,020 0.6555 2,669,748 14 35 .025320791
A 1,764,320 0.9855 1,790,279 8 12 .087798493
E 3,692,940 0.7093 5,206,457 13 118 .101654934
Random Totals: 10,653,590   13,366,313 65 361  
Catg J Exception Values: 2,512,660   2,449,126      
Catg D1 Exception Values: 14,399,750   14,732,020      
Total Test Values (4): 27,566,000   30,547,459      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,527,372

Confidence Interval Values (5)

Local Test Value: 27,566,000 (Outside Confidence Interval)
State Lower Limit: 29,020,087 (State Test Value minus Margin of Error Percent)
State Upper Limit: 32,074,831 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 43,752,364 (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