taxes Property Tax Assistance

2023 Confidence Interval Detail

Falls County
073-905/Rosebud-Lott ISD

Category Summary

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

Stratum
Variance
A 18,487,860 0.7755 23,839,923 12 431 0.103551229
A 23,115,480 0.9728 23,761,801 12 295 0.032069418
A 23,825,780 0.9570 24,896,322 12 203 0.041818933
A 28,379,910 0.9163 30,972,291 11 139 0.026341506
E 150,048,725 0.9192 163,238,387 19 1,293 0.056031598
L1 3,794,340 1.0572 3,589,047 6 17 0.006775967
Random Totals: 247,652,095 270,297,771 72 2,378
CATG D1 EXCEPTION VALUES: 18,435,172 19,474,850
CATG J EXCEPTION VALUES: 38,114,660 38,269,014
CATG L1 EXCEPTION VALUES: 37,249,430 37,249,430
Total Test Values 341,451,357 365,291,065

Margin of Error

Margin of Error Percent: 5.1176006
Margin of Error Value: 18,694,138

Confidence Interval Values(5)

Local Test Value: 341,451,357 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 346,596,927 (State Test Value minus Margin of Error Percent)
State Upper Limit: 383,985,203 (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