taxes Property Tax Assistance

2020 Confidence Interval Detail

Lipscomb County
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
A 2,135,970 0.8864 2,409,713 10 84 0.019284484
A 2,144,130 0.8719 2,459,147 8 39 0.007242159
A 1,909,060 0.9222 2,070,115 8 26 0.009100926
A 2,027,260 0.8891 2,280,126 7 22 0.008827134
G1 11,007,350 1.0875 10,121,701 15 188 0.151414438
G1 11,319,193 0.9449 11,979,250 15 45 0.028730324
G1 10,778,117 1.0057 10,717,030 13 22 0.002893522
G1 10,914,865 1.0128 10,776,920 8 11 0.001165767
Random Totals: 52,235,945 52,814,002 84 437
CATG D1 EXCEPTION VALUES: 12,807,413 10,713,366
Total Test Values 65,043,358 63,527,368

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,176,368

Confidence Interval Values(5)

Local Test Value: 65,043,358 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 60,351,000 (State Test Value minus Margin of Error Percent)
State Upper Limit: 66,703,736 (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