taxes Property Tax Assistance

2021 Confidence Interval Detail

Lamb County
140-908/Sudan ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 4,031,350 0.6384 6,314,771 15 158 0.073496165
A 4,022,680 0.7419 5,422,132 15 71 0.023544053
A 5,880,480 0.7099 8,283,533 15 66 0.083125609
A 5,772,700 1.0785 5,352,527 15 29 0.068405031
Random Totals: 19,707,210 25,372,963 60 324
CATG D1 EXCEPTION VALUES: 21,951,039 18,168,030
CATG J EXCEPTION VALUES: 373,226,060 392,869,536
Total Test Values 414,884,309 436,410,529

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,820,526

Confidence Interval Values(5)

Local Test Value: 414,884,309 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 414,590,003 (State Test Value minus Margin of Error Percent)
State Upper Limit: 458,231,055 (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