taxes Property Tax Assistance

2021 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 27,139,558 0.7975 34,030,794 10 391 0.124914791
A 31,236,820 0.9417 33,170,670 10 252 0.026247057
A 32,089,030 0.9647 33,263,222 10 175 0.002062792
A 40,165,940 1.0398 38,628,525 10 131 0.024473542
E 199,006,054 0.9826 202,530,077 20 1,890 0.019806415
F1 8,765,080 0.8458 10,363,065 9 83 0.281265633
F1 9,227,430 0.9239 9,987,477 7 20 0.055111489
F1 9,510,760 1.0071 9,443,710 4 6 0.001801311
Random Totals: 357,140,672 371,417,540 80 2,948
CATG D1 EXCEPTION VALUES: 10,341,543 9,983,821
CATG F1 EXCEPTION VALUES: 6,344,650 7,100,625
Total Test Values 373,826,865 388,501,986

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,425,099

Confidence Interval Values(5)

Local Test Value: 373,826,865 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 369,076,887 (State Test Value minus Margin of Error Percent)
State Upper Limit: 407,927,085 (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