taxes Property Tax Assistance

2017 Confidence Interval Detail

245/Willacy
245-903/Raymondville ISD

Category Summary

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

Stratum
Variance
A 25,903,416 0.9638 26,876,339 16 1,052 .012128296
A 27,685,169 0.9563 28,950,297 17 693 .011707652
A 26,454,655 0.9411 28,110,355 17 456 .029884072
A 27,422,269 0.9132 30,028,766 17 265 .023829625
E 23,663,810 0.8953 26,431,152 16 336 .077225580
F1 11,779,161 1.0414 11,310,890 13 129 .017756822
F1 11,457,788 1.0747 10,661,383 9 29 .025441299
F1 13,534,132 0.9629 14,055,595 7 15 .017184023
F1 30,228,638 1.0205 29,621,399 3 5 .012580988
G1 6,512,448 0.9892 6,583,550 7 21 .001148035
G1 8,235,847 1.0050 8,194,873 4 6 .000295643
L1 4,663,916 0.9703 4,806,674 11 26 .034151911
L1 5,654,103 1.0145 5,573,290 6 10 .000532018
L1 5,181,027 0.9476 5,467,525 3 4 .004844035
Random Totals: 228,376,379   236,672,088 146 3,047  
Catg J Exception Values: 18,817,040   18,876,150      
Catg D1 Exception Values: 14,531,885   15,767,395      
Catg G1 Exception Values: 10,283,420   10,196,347      
Total Test Values (4): 272,008,724   281,511,980      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,075,599

Confidence Interval Values (5)

State Lower Limit: 267,436,381 (State Test Value minus Margin of Error Percent)
Local Test Value: 272,008,724 (Within Confidence Interval)
State Upper Limit: 295,587,579 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 266,055,513 (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