taxes Property Tax Assistance

2017 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 56,717,302 0.7047 80,484,322 19 1,813 .030519618
A 79,226,940 0.8864 89,380,573 17 1,510 .031380093
A 65,986,085 0.9204 71,692,835 15 727 .098671377
A 71,705,960 0.8990 79,761,913 20 455 .037724463
F1 17,091,354 0.8761 19,508,451 7 101 .078963936
F1 21,264,905 0.9725 21,866,226 12 46 .056424290
F1 16,187,986 0.8432 19,198,276 7 14 .442025820
F1 17,288,932 1.0985 15,738,673 4 7 .021690843
L1 16,825,002 0.9928 16,947,021 9 125 .002450389
L1 16,522,636 1.0507 15,725,360 8 48 .052648954
L1 19,790,020 1.0058 19,675,900 7 29 .003675875
L1 16,031,989 1.0081 15,903,173 5 11 .001054165
Random Totals: 414,639,111   465,882,723 130 4,886  
Catg D1 Exception Values: 7,874,919   9,346,699      
Catg F1 Exception Values: 79,979,184   100,621,896      
Total Test Values (4): 502,493,214   575,851,318      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,792,565

Confidence Interval Values (5)

Local Test Value: 502,493,214 (Outside Confidence Interval)
State Lower Limit: 547,058,753 (State Test Value minus Margin of Error Percent)
State Upper Limit: 604,643,883 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 526,504,611 (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, 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
(6) Includes local value of unstudied property categories and sub-categories