taxes Property Tax Assistance

2018 Confidence Interval Detail

144/Lee
144-902/Lexington ISD

Category Summary

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

Stratum
Variance
A 21,141,350 0.7891 26,791,725 12 333 .092449783
A 24,683,509 0.8632 28,595,353 15 211 .068306151
A 22,152,420 0.9617 23,034,647 11 130 .037290868
A 28,828,929 0.9851 29,264,977 13 112 .027154871
E 226,513,868 0.8802 257,343,636 23 2,061 .042148837
Random Totals: 323,320,076   365,030,338 74 2,847  
Catg D1 Exception Values: 11,188,304   10,476,816      
Total Test Values (4): 334,508,380   375,507,154      

Margin of Error

Margin of Error Percent: 6.1045620
Margin of Error Value: 22,923,067

Confidence Interval Values (5)

Local Test Value: 334,508,380 (Outside Confidence Interval)
State Lower Limit: 352,584,087 (State Test Value minus Margin of Error Percent)
State Upper Limit: 398,430,221 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 401,759,308 (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