taxes Property Tax Assistance

2018 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 15,911,218 0.8301 19,167,833 16 623 .040262681
A 16,172,739 0.9418 17,172,159 17 388 .048802764
A 16,517,817 0.9105 18,141,479 17 251 .033685386
A 16,971,753 0.8728 19,445,180 16 131 .052193786
Random Totals: 65,573,527   73,926,651 66 1,393  
Catg J Exception Values: 462,590   492,041      
Catg D1 Exception Values: 41,945,037   47,526,236      
Total Test Values (4): 107,981,154   121,944,928      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,097,246

Confidence Interval Values (5)

Local Test Value: 107,981,154 (Outside Confidence Interval)
State Lower Limit: 115,847,682 (State Test Value minus Margin of Error Percent)
State Upper Limit: 128,042,174 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 229,397,983 (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