taxes Property Tax Assistance

2019 Confidence Interval Detail

Colorado County
045-905/Weimar ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 24,376,200 1.0636 22,918,578 11 382 0.019273214
A 27,028,330 0.9751 27,718,521 10 235 0.001989179
A 28,179,620 1.0317 27,313,773 13 164 0.011741901
A 30,601,700 1.0057 30,428,259 10 106 0.008001591
E 177,888,981 0.9895 179,776,636 23 1860 0.005731912
F1 6,854,050 0.5572 12,300,879 10 82 0.271601871
F1 7,922,290 0.9330 8,491,200 8 21 0.056063109
F1 7,796,580 0.9433 8,265,218 3 6 0.004243758
F1 6,646,520 0.9341 7,115,427 2 3 0.005230667
Random Totals: 317,294,271 324,328,491 90 2,859
CATG D1 EXCEPTION VALUES: 12,075,680 9,900,743
Total Test Values(1) 329,369,951 334,229,234

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,711,462

Confidence Interval Values(5)

Local Test Value: 329,369,951 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 317,517,772 (State Test Value minus Margin of Error Percent)
State Upper Limit: 350,940,696 (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