taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
152/Lubbock
152-907/Frenship ISD

Category Summary

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

Stratum
Variance
A 385,010,328 0.9316 413,278,583 100 3,810 .033902440
A 499,450,158 0.9473 527,235,467 102 3,386 .018312420
A 512,264,257 0.9538 537,077,225 100 2,310 .009553990
A 580,328,174 0.9630 602,625,310 98 1,500 .011664764
B 47,410,127 0.9916 47,811,746 10 226 .001879785
B 54,270,465 0.9509 57,072,736 5 12 .002057298
B 47,952,477 1.0161 47,192,675 3 5 .001629290
B 112,699,069 0.9815 114,823,300 2 7 .000186338
F1 146,064,553 0.9189 158,955,874 10 344 .041926957
F1 144,074,323 0.9709 148,392,546 9 110 .006617389
F1 164,598,377 0.9712 169,479,383 8 52 .002379497
F1 155,003,495 0.9876 156,949,671 6 19 .000876994
L1 49,453,780 0.9361 52,829,591 10 453 .019457564
L1 52,093,941 0.9999 52,099,151 9 92 .009610336
L1 61,796,142 0.9827 62,884,036 7 30 .010390369
L1 49,138,170 0.9819 50,043,966 4 6 .000237858
Random Totals: 3,061,607,836   3,198,751,260 483 12,362  
Catg D1 Exception Values: 10,122,580   8,608,179      
Total Test Values (4): 3,071,730,416   3,207,359,439      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 160,367,971

Confidence Interval Values (5)

State Lower Limit: 3,046,991,468 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,071,730,416 (Within Confidence Interval)
State Upper Limit: 3,367,727,410 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,205,577,095 (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