taxes Property Tax Assistance

2023 Confidence Interval Detail

Hidalgo County
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 85,112,554 1.0972 77,572,506 15 1,561 0.058595939
A 156,289,184 1.0349 151,018,634 12 1,826 0.045013374
A 136,337,543 0.9190 148,354,236 19 949 0.021670264
A 181,371,235 1.0169 178,357,002 21 771 0.010605533
F1 22,787,724 0.9786 23,286,045 13 106 0.020617834
F1 25,631,037 0.9198 27,865,881 12 45 0.009153252
F1 24,017,538 0.8914 26,943,615 8 17 0.041810562
F1 24,699,655 0.9991 24,721,905 4 6 0.010723814
L1 17,350,900 1.0816 16,041,882 10 149 0.005328825
L1 16,326,181 1.0378 15,731,529 11 44 0.008305551
L1 17,395,785 1.0694 16,266,865 7 21 0.003078077
L1 24,576,734 0.9601 25,598,098 3 8 0.016573181
Random Totals: 731,896,070 731,758,198 135 5,503
CATG D1 EXCEPTION VALUES: 8,182,831 7,845,188
CATG F1 EXCEPTION VALUES: 110,000,000 96,501,087
Total Test Values 850,078,901 836,104,473

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 41,805,224

Confidence Interval Values(5)

Local Test Value: 850,078,901 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 794,299,249 (State Test Value minus Margin of Error Percent)
State Upper Limit: 877,909,697 (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