taxes Property Tax Assistance

2016 Confidence Interval Detail

148/Lipscomb
148-902/Follett ISD

Category Summary

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

Stratum
Variance
G1 14,690,329 0.9898 14,841,714 15 154 .047758362
G1 14,626,713 0.9617 15,209,226 15 50 .009649163
G1 14,801,407 1.0435 14,184,386 15 30 .023581694
G1 14,446,163 0.9712 14,874,550 13 15 .008052536
Random Totals: 58,564,612   59,109,876 58 249  
Catg D1 Exception Values: 12,254,530   13,116,720      
Total Test Values (4): 70,819,142   72,226,596      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,611,329

Confidence Interval Values (5)

State Lower Limit: 68,615,267 (State Test Value minus Margin of Error Percent)
Local Test Value: 70,819,142 (Within Confidence Interval)
State Upper Limit: 75,837,925 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 108,320,962 (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