taxes Property Tax Assistance

2021 Confidence Interval Detail

Hidalgo County
108-907/Mercedes ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 69,925,868 1.0574 66,130,006 15 1,680 0.091292149
A 103,849,769 1.0447 99,406,307 15 1,623 0.121796895
A 84,273,161 0.9167 91,931,015 17 803 0.027363917
A 121,786,743 0.9872 123,365,826 47 704 0.036948596
F1 20,974,836 0.9688 21,650,326 12 93 0.031309858
F1 21,970,863 1.1315 19,417,466 8 37 0.010043137
F1 20,626,953 0.8450 24,410,595 7 15 0.029830644
L1 16,210,981 1.0730 15,108,090 11 122 0.005299222
L1 13,741,145 1.0324 13,309,904 9 37 0.004172665
L1 18,349,676 1.0577 17,348,658 7 24 0.006142471
L1 19,523,811 1.1234 17,379,216 4 7 0.003600537
Random Totals: 511,233,806 509,457,409 152 5,145
CATG D1 EXCEPTION VALUES: 7,492,278 6,895,521
CATG F1 EXCEPTION VALUES: 126,598,601 110,934,869
Total Test Values 645,324,685 627,287,799

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,364,390

Confidence Interval Values(5)

Local Test Value: 645,324,685 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 595,923,409 (State Test Value minus Margin of Error Percent)
State Upper Limit: 658,652,189 (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