taxes Property Tax Assistance

2023 Confidence Interval Detail

Falls County
073-905/Rosebud-Lott ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 18,487,860 0.7773 23,784,716 12 431 0.103994744
A 23,115,480 0.9997 23,122,417 12 295 0.026883250
A 23,825,780 1.0271 23,197,138 12 203 0.022852058
A 28,379,910 0.9536 29,760,812 11 139 0.013797196
E 150,048,725 0.9390 159,796,299 19 1,293 0.067254706
L1 3,794,340 1.0572 3,589,047 6 17 0.006775967
Random Totals: 247,652,095 263,250,429 72 2,378
CATG D1 EXCEPTION VALUES: 18,444,786 19,478,390
CATG J EXCEPTION VALUES: 38,114,660 37,957,170
CATG L1 EXCEPTION VALUES: 37,249,430 37,249,430
Total Test Values 341,460,971 357,935,419

Margin of Error

Margin of Error Percent: 5.4886343
Margin of Error Value: 19,645,766

Confidence Interval Values(5)

Local Test Value: 341,460,971 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 338,289,653 (State Test Value minus Margin of Error Percent)
State Upper Limit: 377,581,185 (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