taxes Property Tax Assistance

2018 Confidence Interval Detail

148/Lipscomb
148-903/Higgins ISD

Category Summary

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

Stratum
Variance
G1 35,443,727 0.9859 35,950,631 15 181 .036678017
G1 35,642,264 1.0333 34,493,626 15 68 .012350756
G1 35,281,792 0.9658 36,531,158 15 41 .032471815
G1 34,425,063 0.9933 34,657,267 15 19 .005557131
Random Totals: 140,792,846   141,632,682 60 309  
Catg J Exception Values: 17,815,520   18,473,715      
Catg D1 Exception Values: 7,350,852   7,063,544      
Total Test Values (4): 165,959,218   167,169,941      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,358,497

Confidence Interval Values (5)

State Lower Limit: 158,811,444 (State Test Value minus Margin of Error Percent)
Local Test Value: 165,959,218 (Within Confidence Interval)
State Upper Limit: 175,528,438 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 228,893,209 (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