taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
140/Lamb
140-904/Littlefield ISD

Category Summary

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

Stratum
Variance
A 21,785,290 0.8651 25,182,395 14 1,018 .144488404
A 21,698,640 0.8260 26,269,540 14 399 .024560476
A 21,525,340 0.9673 22,253,014 14 238 .006226089
A 22,292,840 1.1031 20,209,265 14 155 .030075112
F1 5,539,407 0.9337 5,932,748 10 158 .047346168
F1 6,994,460 0.9254 7,558,310 8 30 .040026497
F1 4,777,290 0.9887 4,831,890 4 7 .011645604
F1 5,366,710 0.9797 5,477,912 3 4 .007568441
G1 2,853,490 0.9725 2,934,180 5 9 .018654049
L1 3,371,100 0.9784 3,445,523 9 63 .014665131
L1 3,066,590 0.9796 3,130,451 6 14 .001286638
L1 4,386,460 1.0362 4,233,218 4 8 .000532159
L1 3,035,090 1.0171 2,984,063 2 3 .000069629
Random Totals: 126,692,707   134,442,509 107 2,106  
Catg J Exception Values: 9,222,040   8,988,440      
Catg D1 Exception Values: 20,013,427   20,812,191      
Catg G1 Exception Values: 15,155,450   15,212,004      
Total Test Values (4): 171,083,624   179,455,144      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,972,757

Confidence Interval Values (5)

State Lower Limit: 170,482,387 (State Test Value minus Margin of Error Percent)
Local Test Value: 171,083,624 (Within Confidence Interval)
State Upper Limit: 188,427,901 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 214,960,701 (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