taxes Property Tax Assistance

2017 Confidence Interval Detail

077/Floyd
077-902/Lockney ISD

Category Summary

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

Stratum
Variance
A 6,154,430 1.1939 5,154,896 7 264 .051929784
A 6,507,220 0.8256 7,881,807 7 154 .140795568
A 6,405,670 0.9010 7,109,512 7 92 .019264423
A 7,199,540 0.8962 8,033,408 7 58 .028525705
E 11,927,090 0.7221 16,517,228 10 322 .099491869
L1 878,550 0.9618 913,444 7 18 .007481504
Random Totals: 39,072,500   45,610,295 45 908  
Catg J Exception Values: 6,207,860   7,234,803      
Catg D1 Exception Values: 29,412,400   18,802,914      
Catg L1 Exception Values: 4,601,900   4,800,237      
Total Test Values (4): 79,294,660   76,448,249      

Margin of Error

Margin of Error Percent: 5.5267165
Margin of Error Value: 4,225,078

Confidence Interval Values (5)

State Lower Limit: 72,223,171 (State Test Value minus Margin of Error Percent)
Local Test Value: 79,294,660 (Within Confidence Interval)
State Upper Limit: 80,673,327 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 119,301,065 (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, 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
(6) Includes local value of unstudied property categories and sub-categories