taxes Property Tax Assistance

2022 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 117,843,472 0.7955 148,137,614 34 1,922 0.043097543
A 114,747,151 0.8456 135,699,091 32 942 0.017102843
A 140,589,047 0.8475 165,886,781 24 795 0.032182318
A 175,726,430 0.9507 184,838,992 21 618 0.011902684
F1 25,577,613 0.8839 28,937,225 10 319 0.045695821
F1 26,370,560 0.9846 26,783,018 10 87 0.001123092
F1 26,675,920 0.9824 27,153,827 9 31 0.007549376
F1 26,456,970 0.9057 29,211,626 6 9 0.084212801
G1 110,860,734 1.0218 108,495,531 9 70 0.003750923
G1 117,334,226 1.0574 110,964,844 5 8 0.034825665
L1 19,835,860 1.0435 19,008,970 10 176 0.006125132
L1 20,279,200 1.0236 19,811,645 8 33 0.000514693
L1 18,374,540 1.0275 17,882,764 5 6 0.001595733
L1 24,222,280 0.9716 24,929,093 1 3 0.000000000
Random Totals: 964,894,003 1,047,741,021 184 5,019
CATG D1 EXCEPTION VALUES: 38,932,685 16,319,693
CATG G1 EXCEPTION VALUES: 380,942,630 391,789,319
Total Test Values 1,384,769,318 1,455,850,033

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 72,792,502

Confidence Interval Values(5)

Local Test Value: 1,384,769,318 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,383,057,531 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,528,642,535 (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