taxes Property Tax Assistance

2018 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 2,071,070 0.7429 2,787,818 15 132 .072764369
A 2,105,160 0.7801 2,698,577 15 64 .006932053
A 2,104,550 0.8450 2,490,592 15 33 .015581917
A 1,550,090 1.0002 1,549,780 9 10 .012602338
E 6,238,100 0.9840 6,339,533 21 115 .124056408
Random Totals: 14,068,970   15,866,300 75 354  
Catg J Exception Values: 3,150,230   3,303,136      
Catg D1 Exception Values: 12,852,109   7,825,264      
Total Test Values (4): 30,071,309   26,994,700      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,349,735

Confidence Interval Values (5)

State Lower Limit: 25,644,965 (State Test Value minus Margin of Error Percent)
State Upper Limit: 28,344,435 (State Test Value plus Margin of Error Percent)
Local Test Value: 30,071,309 (Outside Confidence Interval)
Value Assigned (6): 46,787,498 (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