taxes Property Tax Assistance

2021 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 36,892,416 0.8378 44,034,872 15 858 0.050850935
A 40,005,919 0.8591 46,567,244 15 437 0.106639809
A 43,035,920 0.9499 45,305,737 15 275 0.025772682
A 45,751,380 1.0132 45,155,330 15 160 0.044066388
E 165,394,006 1.0150 162,949,760 33 2,002 0.010422002
F1 12,830,600 0.8491 15,110,823 15 138 0.044776038
F1 15,430,170 0.8823 17,488,575 13 50 0.033037282
F1 12,633,230 0.9506 13,289,743 7 12 0.080333230
F1 7,603,460 0.9409 8,081,028 2 3 0.047753608
G1 11,271,293 0.9528 11,829,653 6 15 0.004589032
Random Totals: 390,848,394 409,812,765 136 3,950
CATG D1 EXCEPTION VALUES: 74,962,336 84,072,493
CATG G1 EXCEPTION VALUES: 12,957,627 12,532,276
CATG J EXCEPTION VALUES: 56,691,447 55,590,188
Total Test Values 535,459,804 562,007,722

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,100,386

Confidence Interval Values(5)

Local Test Value: 535,459,804 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 533,907,336 (State Test Value minus Margin of Error Percent)
State Upper Limit: 590,108,108 (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