taxes Property Tax Assistance

2021 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 915,625,096 0.9055 1,011,181,774 94 5,948 0.021074592
A 1,192,528,741 0.9478 1,258,207,154 94 5,636 0.011416227
A 1,197,123,481 0.9180 1,304,056,080 98 4,236 0.012709311
A 1,206,551,087 0.9107 1,324,861,191 89 2,598 0.024053672
F1 136,725,030 0.9904 138,050,313 11 518 0.004803070
F1 145,111,927 0.9675 149,986,488 10 184 0.005479740
F1 141,431,002 1.0088 140,197,266 10 67 0.000734207
F1 129,711,825 1.1074 117,131,863 7 18 0.022624471
L1 77,724,436 1.0371 74,944,013 13 657 0.011348754
L1 95,665,869 1.0074 94,963,142 10 141 0.002781240
L1 76,232,448 1.0143 75,157,693 8 35 0.004243653
L1 94,959,219 0.9539 99,548,400 4 9 0.000996868
Random Totals: 5,409,390,161 5,788,285,377 448 20,047
CATG D1 EXCEPTION VALUES: 22,514,122 26,330,508
CATG J EXCEPTION VALUES: 4,454,840 4,367,075
Total Test Values 5,436,359,123 5,818,982,960

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 290,949,148

Confidence Interval Values(5)

Local Test Value: 5,436,359,123 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 5,528,033,812 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,109,932,108 (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