taxes Property Tax Assistance

2016 Confidence Interval Detail

245/Willacy
245-902/Lyford CISD

Category Summary

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

Stratum
Variance
A 14,490,716 0.5897 24,573,030 15 632 .118537280
A 14,820,986 0.6996 21,184,943 15 375 .039224148
A 16,204,559 0.7293 22,219,332 15 255 .034084462
A 15,194,993 0.8215 18,496,644 17 125 .019121192
G1 9,506,172 1.0419 9,123,881 10 30 .010497311
Random Totals: 70,217,426   95,597,830 72 1,417  
Catg D1 Exception Values: 41,820,326   46,786,976      
Catg G1 Exception Values: 9,395,739   9,146,232      
Total Test Values (4): 121,433,491   151,531,038      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,576,551

Confidence Interval Values (5)

Local Test Value: 121,433,491 (Outside Confidence Interval)
State Lower Limit: 143,954,487 (State Test Value minus Margin of Error Percent)
State Upper Limit: 159,107,589 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 176,233,947 (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