taxes Property Tax Assistance

2019 Confidence Interval Detail

Randall County
191-901/Canyon ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 872,433,176 0.9333 934,783,217 99 6104 0.016204238
A 982,753,811 0.9762 1,006,713,595 93 4967 0.010382424
A 986,445,353 0.9765 1,010,184,693 98 3734 0.012415221
A 1,078,175,567 0.9734 1,107,638,758 100 2438 0.009101918
F1 124,750,848 0.9219 135,319,284 10 518 0.026198639
F1 128,326,878 0.9676 132,623,892 9 171 0.025333703
F1 114,072,676 1.0608 107,534,574 8 55 0.011807988
F1 144,946,892 0.9439 153,561,704 6 20 0.003796364
L1 86,453,314 1.0453 82,706,700 11 686 0.008077575
L1 75,926,142 1.0310 73,643,203 9 110 0.001376501
L1 90,781,721 1.0127 89,643,252 8 34 0.004797057
L1 84,942,588 1.0526 80,697,880 2 4 0.000123667
Random Totals: 4,770,008,966 4,915,050,752 453 18,841
CATG D1 EXCEPTION VALUES: 24,741,231 26,726,322
Total Test Values(1) 4,794,750,197 4,941,777,074

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 247,088,854

Confidence Interval Values(5)

Local Test Value: 4,794,750,197 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,694,688,220 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,188,865,928 (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