taxes Property Tax Assistance

2016 Confidence Interval Detail

148/Lipscomb
148-903/Higgins ISD

Category Summary

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

Stratum
Variance
G1 28,917,412 0.9693 29,833,294 15 177 .019095151
G1 28,713,877 0.9654 29,742,984 15 65 .111127954
G1 28,925,784 1.0080 28,696,214 15 37 .036132614
G1 28,602,926 0.9927 28,813,263 13 17 .047479336
Random Totals: 115,159,999   117,085,755 58 296  
Catg J Exception Values: 15,229,330   14,641,195      
Catg D1 Exception Values: 7,020,990   6,715,252      
Total Test Values (4): 137,410,319   138,442,202      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,922,110

Confidence Interval Values (5)

State Lower Limit: 131,520,092 (State Test Value minus Margin of Error Percent)
Local Test Value: 137,410,319 (Within Confidence Interval)
State Upper Limit: 145,364,312 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 204,090,771 (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