taxes Property Tax Assistance

2022 Confidence Interval Detail

Lamb County
140-907/Springlake-Earth ISD

Category Summary

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

Stratum
Variance
A 4,656,802 0.7627 6,105,680 10 174 0.033134531
A 4,588,790 0.8292 5,533,997 10 87 0.015151256
A 5,296,540 0.7142 7,416,046 10 63 0.108494551
A 7,637,096 0.8479 9,007,072 10 49 0.042721478
E 12,374,671 0.9416 13,142,174 15 190 0.050635825
Random Totals: 34,553,899 41,204,969 55 563
CATG D1 EXCEPTION VALUES: 11,897,114 7,192,617
Total Test Values 46,451,013 48,397,586

Margin of Error

Margin of Error Percent: 5.0267795
Margin of Error Value: 2,432,840

Confidence Interval Values(5)

Local Test Value: 46,451,013 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 45,964,746 (State Test Value minus Margin of Error Percent)
State Upper Limit: 50,830,426 (State Test Value plus Margin of Error Percent)

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