taxes Property Tax Assistance

2021 Confidence Interval Detail

Hockley County
110-902/Levelland ISD

Category Summary

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

Stratum
Variance
A 115,284,537 0.7077 162,900,292 35 1,968 0.082080778
A 116,468,383 0.8490 137,183,019 35 987 0.048584884
A 129,801,092 0.8366 155,153,110 34 768 0.025203938
A 126,700,090 0.9201 137,702,521 24 453 0.036529025
F1 24,603,746 1.0185 24,156,844 10 312 0.011299829
F1 24,925,930 1.0049 24,804,388 9 85 0.004234591
F1 26,575,410 1.0146 26,192,992 8 31 0.003708404
F1 25,107,010 0.9449 26,571,076 5 9 0.111554497
G1 41,649,680 0.9762 42,665,110 9 52 0.000394775
G1 40,029,751 0.9967 40,162,287 6 12 0.000379410
G1 56,348,400 0.9870 57,090,578 4 5 0.000230755
L1 19,555,530 1.0846 18,030,177 10 162 0.013475536
L1 25,010,700 1.0074 24,826,980 8 29 0.000303433
L1 16,729,730 1.0388 16,104,861 3 4 0.004995452
Random Totals: 788,789,989 893,544,235 200 4,877
CATG D1 EXCEPTION VALUES: 39,869,887 22,156,006
CATG G1 EXCEPTION VALUES: 182,387,990 180,521,723
CATG L1 EXCEPTION VALUES: 15,167,370 15,546,901
Total Test Values 1,026,215,236 1,111,768,865

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 55,588,443

Confidence Interval Values(5)

Local Test Value: 1,026,215,236 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,056,180,422 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,167,357,308 (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