taxes Property Tax Assistance

2017 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 1,887,760 0.7700 2,451,636 16 128 .032968977
A 2,189,890 0.7977 2,745,255 15 70 .018080833
A 1,986,190 0.8099 2,452,389 13 33 .004755017
A 2,276,990 1.0275 2,216,049 10 14 .011779055
E 5,930,110 1.0745 5,518,948 10 118 .136245254
Random Totals: 14,270,940   15,384,277 64 363  
Catg J Exception Values: 3,054,850   3,667,368      
Catg D1 Exception Values: 9,677,230   6,828,707      
Total Test Values (4): 27,003,020   25,880,352      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,294,017

Confidence Interval Values (5)

State Lower Limit: 24,586,335 (State Test Value minus Margin of Error Percent)
Local Test Value: 27,003,020 (Within Confidence Interval)
State Upper Limit: 27,174,369 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 43,285,574 (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, D2, E, 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