taxes Property Tax Assistance

2023 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 27,282,939 0.8647 31,551,913 12 351 0.113124257
A 33,716,920 0.9793 34,429,613 12 240 0.078890213
A 45,040,300 0.9450 47,661,693 12 219 0.077851053
A 67,544,530 1.1308 59,731,632 11 194 0.049236141
E 251,776,439 0.6882 365,847,775 20 1,908 0.192793057
F1 11,427,300 0.9116 12,535,432 9 84 0.026808522
F1 10,813,488 0.8879 12,178,723 7 22 0.008419200
F1 10,855,603 1.0138 10,707,835 5 7 0.000471494
Random Totals: 458,457,519 574,644,616 88 3,025
CATG D1 EXCEPTION VALUES: 11,441,935 12,871,290
CATG F1 EXCEPTION VALUES: 9,960,700 9,716,009
Total Test Values 479,860,154 597,231,915

Margin of Error

Margin of Error Percent: 12.1188156
Margin of Error Value: 72,377,434

Confidence Interval Values(5)

Local Test Value: 479,860,154 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 524,854,481 (State Test Value minus Margin of Error Percent)
State Upper Limit: 669,609,349 (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