taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 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 12,383,682 0.8687 14,255,418 10 323 .032828918
A 16,093,626 0.8397 19,165,924 8 175 .052729199
A 21,137,346 0.9684 21,827,082 8 159 .015395421
A 22,123,592 1.0240 21,605,070 9 89 .019431087
E 31,493,197 0.8571 36,743,900 9 418 .018523554
G1 6,033,974 0.9635 6,262,557 7 13 .132305272
Random Totals: 109,265,417   119,859,951 51 1,177  
Catg J Exception Values: 2,277,174   2,276,520      
Catg D1 Exception Values: 13,399,256   11,381,053      
Catg G1 Exception Values: 18,848,472   16,116,546      
Total Test Values (4): 143,790,319   149,634,070      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,481,703

Confidence Interval Values (5)

State Lower Limit: 142,152,367 (State Test Value minus Margin of Error Percent)
Local Test Value: 143,790,319 (Within Confidence Interval)
State Upper Limit: 157,115,773 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 198,460,210 (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