taxes Property Tax Assistance

2016 Confidence Interval Detail

144/Lee
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 18,901,751 0.9566 19,759,305 12 353 .009882890
A 19,623,600 0.9534 20,582,756 10 196 .008248981
A 18,888,300 0.9477 19,930,674 11 129 .005569762
A 26,963,490 0.9847 27,382,441 10 119 .008424431
E 191,751,173 0.9631 199,097,885 17 2,037 .022235151
Random Totals: 276,128,314   286,753,061 60 2,834  
Catg D1 Exception Values: 11,705,056   11,128,877      
Total Test Values (4): 287,833,370   297,881,938      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,894,096

Confidence Interval Values (5)

State Lower Limit: 282,987,842 (State Test Value minus Margin of Error Percent)
Local Test Value: 287,833,370 (Within Confidence Interval)
State Upper Limit: 312,776,034 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 389,515,534 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories