taxes Property Tax Assistance

2022 Confidence Interval Detail

Lee County
144-902/Lexington ISD

Category Summary

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

Stratum
Variance
A 26,067,766 0.9428 27,649,306 12 277 0.113378412
A 35,000,588 0.8109 43,162,644 12 205 0.043196787
A 41,388,739 0.7639 54,180,834 13 172 0.059936866
A 73,894,777 1.0224 72,275,799 11 193 0.025716151
E 397,380,338 0.8690 457,284,624 26 2,214 0.036504486
Random Totals: 573,732,208 654,553,207 74 3,061
CATG D1 EXCEPTION VALUES: 10,089,632 9,825,616
CATG J EXCEPTION VALUES: 1,736,870 1,841,424
Total Test Values 585,558,710 666,220,247

Margin of Error

Margin of Error Percent: 5.4179569
Margin of Error Value: 36,095,526

Confidence Interval Values(5)

Local Test Value: 585,558,710 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 630,124,721 (State Test Value minus Margin of Error Percent)
State Upper Limit: 702,315,773 (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