taxes Property Tax Assistance

2023 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 1,136,133,963 0.9617 1,181,380,850 100 5,660 0.013988004
A 1,707,668,775 0.9754 1,750,736,903 100 6,194 0.016786757
A 1,824,746,959 0.9852 1,852,158,911 100 4,968 0.006277119
A 2,070,839,517 0.9969 2,077,279,082 100 3,457 0.012361526
F1 151,997,004 0.8991 169,054,615 10 545 0.033705105
F1 189,944,175 0.9900 191,862,803 11 247 0.001174062
F1 176,745,555 0.9813 180,113,681 10 98 0.002347735
F1 192,994,881 0.9921 194,531,681 8 34 0.009148365
L1 81,391,756 1.0043 81,043,270 10 654 0.027915845
L1 88,352,323 1.0097 87,503,539 10 152 0.014851618
L1 109,908,359 1.0174 108,028,660 9 61 0.022208591
L1 97,532,853 1.0187 95,742,469 7 18 0.054202306
Random Totals: 7,828,256,120 7,969,436,464 475 22,088
CATG D1 EXCEPTION VALUES: 25,082,615 28,307,581
CATG J EXCEPTION VALUES: 118,182,830 120,697,267
Total Test Values 7,971,521,565 8,118,441,312

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 405,922,066

Confidence Interval Values(5)

Local Test Value: 7,971,521,565 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 7,712,519,246 (State Test Value minus Margin of Error Percent)
State Upper Limit: 8,524,363,378 (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