taxes Property Tax Assistance

2020 Confidence Interval Detail

Lipscomb County
148-901/Booker ISD

Category Summary

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

Stratum
Variance
A 5,323,560 0.9425 5,648,340 15 150 0.004536408
A 5,334,880 0.8982 5,939,523 15 86 0.064343092
A 5,399,960 0.9096 5,936,631 15 65 0.048496031
A 5,388,410 1.0343 5,209,717 15 42 0.016121771
G1 11,892,430 0.9671 12,297,001 15 164 0.003801250
G1 11,775,111 0.9915 11,876,057 15 48 0.001516135
G1 11,921,339 0.9930 12,005,377 15 24 0.001588313
Random Totals: 57,035,690 58,912,646 105 579
CATG D1 EXCEPTION VALUES: 8,905,450 7,634,124
CATG G1 EXCEPTION VALUES: 11,541,141 12,597,806
CATG J EXCEPTION VALUES: 547,630 714,491
Total Test Values 78,029,911 79,859,067

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,992,953

Confidence Interval Values(5)

Local Test Value: 78,029,911 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 75,866,114 (State Test Value minus Margin of Error Percent)
State Upper Limit: 83,852,020 (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