taxes Property Tax Assistance

2023 Confidence Interval Detail

Kleberg County
137-902/Ricardo ISD

Category Summary

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

Stratum
Variance
A 31,965,470 0.7364 43,407,754 14 353 0.047270317
A 32,575,540 0.7641 42,632,561 14 165 0.023413967
A 34,018,230 0.7451 45,655,925 12 130 0.016717871
A 47,007,200 0.8103 58,012,094 15 127 0.020595586
E 97,871,893 0.7272 134,587,312 24 854 0.095637692
Random Totals: 243,438,333 324,295,646 79 1,629
CATG D1 EXCEPTION VALUES: 6,033,569 5,886,122
CATG J EXCEPTION VALUES: 14,689,690 15,145,589
Total Test Values 264,161,592 345,327,357

Margin of Error

Margin of Error Percent: 5.3365323
Margin of Error Value: 18,428,506

Confidence Interval Values(5)

Local Test Value: 264,161,592 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 326,898,851 (State Test Value minus Margin of Error Percent)
State Upper Limit: 363,755,863 (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