taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
144/Lee
144-902/Lexington ISD

Category Summary

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

Stratum
Variance
A 17,784,678 0.9682 18,368,806 17 351 .012940372
A 16,857,389 0.9721 17,341,209 16 179 .025505781
A 19,212,080 1.0061 19,095,597 16 138 .004697538
A 18,372,220 1.0148 18,104,277 15 85 .010758530
E 173,950,466 0.9838 176,814,867 15 2,033 .014030457
Random Totals: 246,176,833   249,724,756 79 2,786  
Catg D1 Exception Values: 10,540,222   9,458,407      
Total Test Values (4): 256,717,055   259,183,163      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,959,158

Confidence Interval Values (5)

State Lower Limit: 246,224,005 (State Test Value minus Margin of Error Percent)
Local Test Value: 256,717,055 (Within Confidence Interval)
State Upper Limit: 272,142,321 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 377,320,381 (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