taxes Property Tax Assistance

2016 Confidence Interval Detail

140/Lamb
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 3,437,882 0.8041 4,275,441 15 192 .023923009
A 3,454,810 0.7647 4,517,863 19 94 .015744124
A 3,674,220 0.8086 4,543,928 15 61 .020210781
A 4,381,900 0.8815 4,970,959 13 38 .055706583
E 8,103,197 0.7807 10,379,399 18 185 .033099141
Random Totals: 23,052,009   28,687,590 80 570  
Catg D1 Exception Values: 16,780,396   17,797,254      
Total Test Values (4): 39,832,405   46,484,844      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,324,242

Confidence Interval Values (5)

Local Test Value: 39,832,405 (Outside Confidence Interval)
State Lower Limit: 44,160,602 (State Test Value minus Margin of Error Percent)
State Upper Limit: 48,809,086 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 54,619,760 (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, D3, 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