taxes Property Tax Assistance

2019 Confidence Interval Detail

Colorado County
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 33,731,229 0.6673 50,548,822 10 864 0.121423013
A 33,541,990 0.8438 39,751,114 10 418 0.034972880
A 35,458,030 1.0331 34,321,973 10 269 0.013258761
A 38,765,700 1.1726 33,059,611 9 158 0.069746847
E 147,889,299 0.9881 149,670,376 29 1973 0.007968888
F1 8,192,060 0.6999 11,704,615 9 131 0.055092150
F1 8,595,770 0.5159 16,661,698 8 46 0.128912785
F1 6,842,990 0.6194 11,047,772 5 11 0.310368587
F1 7,954,530 0.9898 8,036,894 3 5 0.001022303
G1 20,937,149 1.0021 20,893,273 7 17 0.000588913
Random Totals: 341,908,747 375,696,148 100 3,892
CATG D1 EXCEPTION VALUES: 63,609,250 104,219,862
CATG G1 EXCEPTION VALUES: 24,001,731 24,220,696
CATG J EXCEPTION VALUES: 46,744,467 48,530,593
Total Test Values(3) 476,264,195 552,667,299

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,633,365

Confidence Interval Values(5)

Local Test Value: 476,264,195 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 525,033,934 (State Test Value minus Margin of Error Percent)
State Upper Limit: 580,300,664 (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