Skip to content
Quick Start for:




Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:05                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        214-901-214 Rio Grande City

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences         52,388,422    1.0581      49,511,787        7
  2      A  - Single-family Residences         52,366,373    1.0382      50,439,581        7
  3      A  - Single-family Residences         52,388,422     .8758      59,817,792        7
  4      A  - Single-family Residences         52,344,324     .9691      54,013,336        7
  5      C  - Vacant Lots                       9,242,179     .8211      11,255,851       17
  6      C  - Vacant Lots                       9,297,759     .7941      11,708,549        7
  7      C  - Vacant Lots                       8,805,478    1.0309       8,541,544        9
  8      C  - Vacant Lots                       9,087,348     .9947       9,135,768        7
  9      D  - Rural Real                       13,758,540     .9609      14,318,389       13
 10      F  - Commercial Real                  13,888,962    1.0367      13,397,282        7
 11      F  - Commercial Real                  14,193,571     .9669      14,679,461        7
 12      F  - Commercial Real                  14,047,124     .9874      14,226,376        6
 13      F  - Commercial Real                  13,525,776    1.0031      13,483,976        4
 14      G  - Oil, Gas, Minerals              274,893,110    1.0233     268,633,939       38
 15      L  - Commercial Personal               9,839,896    1.1538       8,528,251        7
 16      L  - Commercial Personal               9,939,164     .8404      11,826,706        7
 17      L  - Commercial Personal              10,600,947    1.0524      10,073,116        6

Random Totals:                                620,607,395               623,591,704      163
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      34,249,040                38,329,151
 Other Exception Values:                        6,520,680                 6,644,680
Exception Totals(3):                           40,769,720                44,973,831
Test Values(4):                               661,377,115               668,565,535

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     33,428,277
Confidence Interval Values:
  State Lower Limit:                                      635,137,258  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       661,377,115  (Within Confidence Interval Limits)
  State Upper Limit:                                      701,993,812  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       653,100,494  (See ISD Summary Worksheet)


Sources:

(1) See Stratified Ratio Detail Report VAL7214.
(2) Number of parcels sampled by staff.
(3) Exception value includes, if tested, D1, the J sample, and any parcels in A,B,C,D,F1,G or L1 marked as exception properties.
(4) Unstudied categories and sub-categories were not included in the test values.
(5) Includes local value of unstudied property categories and sub-categories.