taxes Property Tax Assistance

2023 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 37,817,201 0.7163 52,795,199 12 761 0.178830378
A 52,108,730 0.7165 72,726,769 12 514 0.120303224
A 57,162,282 0.9682 59,039,746 12 341 0.105432387
A 79,305,060 1.1013 72,010,406 12 243 0.075142585
E 209,142,928 0.8693 240,587,746 20 2,063 0.239692192
F1 14,186,010 0.7496 18,924,773 11 124 0.164410604
F1 11,964,960 0.9142 13,087,902 8 32 0.021247119
F1 14,693,910 1.0413 14,111,121 6 14 0.015492670
F1 11,882,350 1.0018 11,861,577 2 3 0.002719714
Random Totals: 488,263,431 555,145,239 95 4,095
CATG D1 EXCEPTION VALUES: 81,812,060 99,729,578
CATG J EXCEPTION VALUES: 60,792,148 63,305,776
Total Test Values 630,867,639 718,180,593

Margin of Error

Margin of Error Percent: 8.0375882
Margin of Error Value: 57,724,399

Confidence Interval Values(5)

Local Test Value: 630,867,639 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 660,456,194 (State Test Value minus Margin of Error Percent)
State Upper Limit: 775,904,992 (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