taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
152/Lubbock
152-903/Slaton ISD

Category Summary

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

Stratum
Variance
A 42,787,478 0.8856 48,314,677 11 1,049 .269985414
A 47,738,800 1.0174 46,922,351 16 578 .013525534
A 53,860,230 0.9732 55,343,434 10 368 .046774007
A 50,436,298 1.0293 49,000,581 7 144 .033096862
F1 8,005,415 0.9634 8,309,544 9 110 .006040639
F1 7,889,293 0.8874 8,890,346 7 28 .016313303
F1 8,823,623 1.0000 8,823,623 5 12 .000907188
F1 8,691,985 1.0246 8,483,296 3 5 .002187505
L1 7,842,528 1.0101 7,764,110 9 75 .017189141
L1 5,213,105 1.1017 4,731,873 6 12 .052205776
L1 6,737,785 1.0299 6,542,174 3 5 .000506388
Random Totals: 248,026,540   253,126,009 86 2,386  
Catg J Exception Values: 104,694,810   97,514,953      
Catg D1 Exception Values: 6,738,995   5,808,346      
Catg L1 Exception Values: 2,882,144   2,883,822      
Total Test Values (4): 362,342,489   359,333,130      

Margin of Error

Margin of Error Percent: 5.0649783
Margin of Error Value: 18,200,145

Confidence Interval Values (5)

State Lower Limit: 341,132,985 (State Test Value minus Margin of Error Percent)
Local Test Value: 362,342,489 (Within Confidence Interval)
State Upper Limit: 377,533,275 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 364,844,461 (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