taxes Property Tax Assistance

2018 Confidence Interval Detail

045/Colorado
045-903/Rice CISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 29,025,342 0.7918 36,657,416 15 844 0.058915188
A 30,821,720 0.9786 31,495,729 15 435 0.027687407
A 33,178,683 0.9525 34,833,263 15 288 0.007673834
A 43,416,250 0.9692 44,795,966 16 196 0.002795801
E 136,229,866 0.9818 138,755,211 20 2240 0.065242904
F1 8,254,040 0.9926 8,315,575 9 143 0.263841574
F1 7,293,790 0.7415 9,836,534 9 43 0.029407244
F1 6,158,130 1.0114 6,088,719 6 12 0.006237417
F1 10,559,080 1.0606 9,955,761 2 6 0.000010016
G1 6,402,156 1.0013 6,393,844 6 13 0.001756390
G1 7,682,380 0.9605 7,998,313 2 3 0.000076360
Random Totals: 319,021,437 335,126,331 115 4,223
CATG D1 EXCEPTION VALUES: 66,495,986 61,699,587
CATG G1 EXCEPTION VALUES: 27,187,021 27,386,726
CATG J EXCEPTION VALUES: 4,537,500 4,710,301
Total Test Values(3) 417,241,944 428,922,945

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,446,147

Confidence Interval Values(5)

Local Test Value: 417,241,944 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 407,476,798 (State Test Value minus Margin of Error Percent)
State Upper Limit: 450,369,092 (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