taxes Property Tax Assistance

2021 Confidence Interval Detail

Lynn County
153-905/New Home ISD

Category Summary

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

Stratum
Variance
A 8,332,880 0.9165 9,092,068 10 61 0.042590854
A 10,647,150 0.9448 11,269,210 9 36 0.035149897
A 11,201,450 0.9292 12,054,940 7 29 0.005315203
A 33,153,610 0.9400 35,269,798 8 65 0.017371685
E 61,629,080 0.9759 63,151,020 21 264 0.077336089
Random Totals: 124,964,170 130,837,036 55 455
CATG D1 EXCEPTION VALUES: 25,755,460 24,234,293
Total Test Values 150,719,630 155,071,329

Margin of Error

Margin of Error Percent: 5.2737750
Margin of Error Value: 8,178,113

Confidence Interval Values(5)

Local Test Value: 150,719,630 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 146,893,216 (State Test Value minus Margin of Error Percent)
State Upper Limit: 163,249,442 (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