taxes Property Tax Assistance

2024 Confidence Interval Detail

Cameron County
031-911/Rio Hondo ISD

Category Summary

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

Stratum
Variance
A 2 24,876,271 1.0275 24,210,483 12 390 0.059251472
A 3 52,543,854 1.0427 50,392,111 12 457 0.042011338
A 4 89,094,333 1.0702 83,250,171 12 494 0.011368908
A 5 118,855,623 0.9985 119,034,174 12 385 0.012643179
E 0 251,685,278 1.0600 237,438,942 21 1,530 0.059259652
Random Totals: 537,055,359 514,325,881 69 3,256
CATG D1 EXCEPTION VALUES: 18,632,115 16,241,725
CATG J EXCEPTION VALUES: 55,953,539 58,962,077
Total Test Values 611,641,013 589,529,683

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 29,476,484

Confidence Interval Values(5)

Local Test Value: 611,641,013 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 560,053,199 (State Test Value minus Margin of Error Percent)
State Upper Limit: 619,006,167 (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