taxes Property Tax Assistance

2020 Confidence Interval Detail

Lee County
144-902/Lexington ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 24,068,888 0.8262 29,132,036 21 305 0.052958512
A 32,955,623 1.0747 30,664,951 19 230 0.057909966
A 30,888,910 1.0833 28,513,717 15 151 0.019021090
A 38,270,748 1.0048 38,087,926 17 123 0.025369350
E 281,672,192 1.0156 277,345,601 28 2,183 0.054902286
Random Totals: 407,856,361 403,744,231 100 2,992
CATG D1 EXCEPTION VALUES: 10,036,133 9,735,510
CATG J EXCEPTION VALUES: 1,757,460 1,895,009
Total Test Values 419,649,954 415,374,750

Margin of Error

Margin of Error Percent: 5.9744974
Margin of Error Value: 24,816,554

Confidence Interval Values(5)

Local Test Value: 419,649,954 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 390,558,196 (State Test Value minus Margin of Error Percent)
State Upper Limit: 440,191,304 (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