taxes Property Tax Assistance

2018 Confidence Interval Detail

152/Lubbock
152-908/Roosevelt ISD

Category Summary

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

Stratum
Variance
A 33,122,829 0.8208 40,354,324 12 495 .164033322
A 44,239,515 0.9225 47,956,114 20 283 .012470988
A 48,170,520 1.0145 47,482,031 15 215 .028941104
A 40,042,645 1.1388 35,162,140 14 104 .015990224
E 25,233,916 0.9689 26,043,881 16 358 .145186341
F1 3,631,770 0.9567 3,796,143 8 45 .054871176
F1 3,971,622 0.8324 4,771,290 7 21 .063371767
F1 2,479,219 0.9837 2,520,300 5 6 .020546021
F1 3,668,455 0.9664 3,796,001 4 6 .001192056
G1 19,120,488 1.0565 18,097,954 8 47 .007053284
Random Totals: 223,680,979   229,980,178 109 1,580  
Catg D1 Exception Values: 17,731,703   13,732,381      
Catg F1 Exception Values: 4,272,029   4,454,888      
Total Test Values (4): 245,684,711   248,167,447      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,408,372

Confidence Interval Values (5)

State Lower Limit: 235,759,075 (State Test Value minus Margin of Error Percent)
Local Test Value: 245,684,711 (Within Confidence Interval)
State Upper Limit: 260,575,819 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 239,809,764 (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