taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
108/Hidalgo
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 54,034,734 0.7746 69,758,242 10 1,776 .039173240
A 48,207,209 0.8798 54,793,372 10 954 .013569706
A 54,271,447 1.0826 50,130,655 10 664 .001917900
A 73,055,766 0.9649 75,713,303 10 502 .042657465
C1 7,171,483 0.9732 7,368,971 10 571 .033827039
C1 7,385,080 0.8822 8,371,208 10 300 .062288776
C1 6,693,951 1.0895 6,144,058 9 86 .024013037
C1 6,446,048 0.9461 6,813,284 6 18 .023392279
F1 15,143,879 0.8573 17,664,620 9 95 .113783994
F1 16,767,327 1.0857 15,443,794 8 38 .050837193
F1 12,424,691 0.8825 14,078,970 6 11 .011797061
F1 17,311,449 1.0466 16,540,655 5 8 .011383884
L1 19,216,916 1.0683 17,988,314 9 117 .008700327
L1 17,367,047 1.0282 16,890,728 8 46 .002930388
L1 17,722,185 1.0151 17,458,561 9 26 .003257976
L1 15,644,159 1.0294 15,197,357 5 10 .012579760
Random Totals: 388,863,371   410,356,092 134 5,222  
Catg D1 Exception Values: 8,229,508   8,818,120      
Catg F1 Exception Values: 71,900,000   71,592,039      
Total Test Values (4): 468,992,879   490,766,251      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,538,312

Confidence Interval Values (5)

State Lower Limit: 466,227,939 (State Test Value minus Margin of Error Percent)
Local Test Value: 468,992,879 (Within Confidence Interval)
State Upper Limit: 515,304,563 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 461,589,000 (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, D3, 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