taxes Property Tax Assistance

2023 Confidence Interval Detail

Lubbock County
152-907/Frenship ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 775,325,366 0.9475 818,285,347 73 4,350 0.008973077
A 1,289,410,161 0.9756 1,321,658,632 73 5,436 0.007081136
A 1,343,586,821 0.9355 1,436,223,219 75 4,178 0.014396573
A 1,453,757,003 0.9890 1,469,926,191 74 2,692 0.013449402
B 148,216,794 0.9829 150,795,395 10 366 0.001234415
B 130,553,720 1.1654 112,024,816 6 15 0.042337180
B 124,900,000 1.0762 116,056,495 5 8 0.013588089
B 145,200,000 1.2425 116,861,167 5 7 0.015690766
F1 283,564,123 1.0133 279,842,221 10 448 0.009701094
F1 293,282,589 1.1482 255,428,139 11 157 0.033130748
F1 266,178,984 1.0481 253,963,347 9 62 0.010230396
F1 340,202,483 1.0455 325,396,923 10 30 0.008650053
L1 80,579,367 1.0122 79,608,148 10 672 0.088609817
L1 74,099,506 0.9599 77,195,027 10 127 0.050379159
L1 83,968,287 1.0045 83,592,122 10 49 0.007732332
L1 89,577,667 0.9368 95,620,908 6 14 0.004226627
Random Totals: 6,922,402,871 6,992,478,097 397 18,611
CATG D1 EXCEPTION VALUES: 8,604,336 12,018,959
Total Test Values 6,931,007,207 7,004,497,056

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 350,224,853

Confidence Interval Values(5)

Local Test Value: 6,931,007,207 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,654,272,203 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,354,721,909 (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