taxes Property Tax Assistance

2024 Confidence Interval Detail

Falls County
073-905/Rosebud-Lott 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 18,861,495 0.9027 20,894,533 13 367 0.109204043
A 3 27,760,819 0.9371 29,624,180 13 312 0.063659922
A 4 32,493,820 0.7993 40,652,846 12 249 0.053130188
A 5 44,848,319 0.9041 49,605,485 13 194 0.027863142
E 0 175,355,959 0.9155 191,541,190 21 1,232 0.244159273
Random Totals: 299,320,412 332,318,234 72 2,354
CATG D1 EXCEPTION VALUES: 15,759,831 18,954,609
CATG J EXCEPTION VALUES: 36,486,591 37,152,859
Total Test Values 351,566,834 388,425,702

Margin of Error

Margin of Error Percent: 10.7596780
Margin of Error Value: 41,793,355

Confidence Interval Values(5)

Local Test Value: 351,566,834 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 346,632,347 (State Test Value minus Margin of Error Percent)
State Upper Limit: 430,219,057 (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