taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
152/Lubbock
152-910/Idalou ISD

Category Summary

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

Stratum
Variance
A 25,734,183 0.9220 27,911,261 6 372 .003485490
A 26,173,696 0.9150 28,605,132 9 211 .048372284
A 31,602,621 0.9438 33,484,447 8 179 .014514558
A 34,055,865 1.0303 33,054,319 9 108 .024767055
E 29,561,114 0.9678 30,544,652 11 331 .031949800
F1 4,216,582 1.0368 4,066,919 7 50 .036254357
F1 4,181,886 0.9492 4,405,695 7 13 .016894152
F1 3,841,757 0.9798 3,920,960 3 5 .000980380
G1 11,340,121 1.0121 11,204,546 3 5 .003830495
L1 10,456,045 0.9155 11,421,131 10 76 .051530324
L1 12,719,540 0.9761 13,030,980 6 15 .009947262
L1 10,192,301 0.9733 10,471,901 3 4 .034672077
Random Totals: 204,075,711   212,121,943 82 1,369  
Catg D1 Exception Values: 18,137,946   15,359,519      
Catg F1 Exception Values: 3,161,640   3,186,253      
Catg L1 Exception Values: 9,104,556   8,802,739      
Total Test Values (4): 234,479,853   239,470,454      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,973,522

Confidence Interval Values (5)

State Lower Limit: 227,496,932 (State Test Value minus Margin of Error Percent)
Local Test Value: 234,479,853 (Within Confidence Interval)
State Upper Limit: 251,443,976 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 227,506,915 (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