taxes Property Tax Assistance

2023 Confidence Interval Detail

Lynn County
153-905/New Home ISD

Category Summary

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

Stratum
Variance
A 16,863,190 0.8455 19,944,636 12 74 0.077345700
A 11,570,516 0.9429 12,271,202 13 31 0.023039658
A 17,106,562 0.9308 18,378,343 11 38 0.014267751
A 51,262,898 0.9151 56,018,903 12 86 0.019683427
E 83,639,772 1.0394 80,469,282 23 272 0.151668184
Random Totals: 180,442,938 187,082,366 71 501
CATG D1 EXCEPTION VALUES: 19,984,345 24,871,429
Total Test Values 200,427,283 211,953,795

Margin of Error

Margin of Error Percent: 6.3930431
Margin of Error Value: 13,550,297

Confidence Interval Values(5)

Local Test Value: 200,427,283 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 198,403,498 (State Test Value minus Margin of Error Percent)
State Upper Limit: 225,504,092 (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