taxes Property Tax Assistance

2024 Confidence Interval Detail

Kleberg County
137-902/Ricardo 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 35,966,851 0.9177 39,192,384 14 358 0.065947569
A 3 33,206,910 0.9138 36,339,363 14 154 0.044952790
A 4 41,495,710 0.8670 47,861,257 14 146 0.032857900
A 5 51,769,630 0.9476 54,632,366 12 131 0.011631715
E 0 114,396,639 1.0163 112,561,880 22 942 0.040687940
Random Totals: 276,835,740 290,587,250 76 1,731
CATG D1 EXCEPTION VALUES: 5,930,111 5,694,836
CATG J EXCEPTION VALUES: 15,131,010 15,783,749
Total Test Values 297,896,861 312,065,835

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,603,292

Confidence Interval Values(5)

Local Test Value: 297,896,861 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 296,462,543 (State Test Value minus Margin of Error Percent)
State Upper Limit: 327,669,127 (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