taxes Property Tax Assistance

2023 Confidence Interval Detail

Erath County
111-902/Lipan ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 28,817,400 1.0039 28,705,449 21 85 0.120323656
Random Totals: 28,817,400 28,705,449 21 85
CATG D1 EXCEPTION VALUES: 1,619,420 1,638,686
CATG J EXCEPTION VALUES: 4,569,940 4,718,558
Total Test Values 35,006,760 35,062,693

Margin of Error

Margin of Error Percent: 11.2117015
Margin of Error Value: 3,931,124

Confidence Interval Values(5)

Local Test Value: 35,006,760 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 31,131,569 (State Test Value minus Margin of Error Percent)
State Upper Limit: 38,993,817 (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