taxes Property Tax Assistance

2024 Confidence Interval Detail

Colorado County
045-902/Columbus ISD

Category Summary

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

Stratum
Variance
A 2 108,377,774 0.9231 117,406,320 11 890 0.026697906
A 3 131,178,485 0.9779 134,143,046 16 607 0.012123378
A 4 154,770,462 0.9655 160,300,841 13 502 0.018930440
A 5 205,235,094 0.9890 207,517,790 11 389 0.002008968
E 0 744,412,383 0.9820 758,057,416 22 3,956 0.013769413
F1 2 40,447,505 0.9671 41,823,498 10 180 0.011730136
F1 3 43,849,512 0.8866 49,458,055 9 63 0.040385487
F1 4 43,470,507 0.9964 43,627,566 7 27 0.001850811
F1 5 61,639,910 1.0088 61,102,211 5 13 0.000041480
Random Totals: 1,533,381,632 1,573,436,743 104 6,627
CATG D1 EXCEPTION VALUES: 32,481,788 33,963,172
CATG J EXCEPTION VALUES: 45,564,837 47,803,492
Total Test Values 1,611,428,257 1,655,203,407

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 82,760,170

Confidence Interval Values(5)

Local Test Value: 1,611,428,257 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,572,443,237 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,737,963,577 (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