taxes Property Tax Assistance

2016 Confidence Interval Detail

140/Lamb
140-901/Amherst ISD

Category Summary

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

Stratum
Variance
A 1,904,490 0.7423 2,565,661 15 134 .029083710
A 2,012,070 0.7650 2,630,157 16 67 .039407573
A 1,836,520 0.7827 2,346,391 15 32 .013597207
A 2,162,290 0.8640 2,502,650 9 14 .030983539
E 5,482,810 0.9435 5,811,139 15 119 .049330216
Random Totals: 13,398,180   15,855,998 70 366  
Catg J Exception Values: 2,729,530   2,617,873      
Catg D1 Exception Values: 11,869,750   12,649,246      
Total Test Values (4): 27,997,460   31,123,117      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,556,155

Confidence Interval Values (5)

Local Test Value: 27,997,460 (Outside Confidence Interval)
State Lower Limit: 29,566,962 (State Test Value minus Margin of Error Percent)
State Upper Limit: 32,679,272 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 46,479,252 (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