taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
045/Colorado
045-903/Rice CISD

Category Summary

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

Stratum
Variance
A 26,352,011 0.9023 29,205,376 12 797 .014635822
A 25,688,730 0.9904 25,937,732 14 394 .012917823
A 25,400,840 0.9972 25,472,162 14 244 .014860240
A 25,131,530 1.0267 24,477,968 9 132 .002259283
E 101,083,759 0.9790 103,252,052 36 2,223 .033660944
G1 8,222,835 0.9997 8,225,303 7 21 .144163999
G1 8,570,343 0.9543 8,980,764 5 10 .051165982
G1 8,711,870 1.0456 8,331,934 4 8 .037110898
G1 7,013,793 0.9758 7,187,736 3 4 .012778496
Random Totals: 236,175,711   241,071,027 104 3,833  
Catg J Exception Values: 30,093,154   30,355,542      
Catg D1 Exception Values: 64,988,455   69,772,679      
Catg G1 Exception Values: 51,604,510   51,159,570      
Total Test Values (4): 382,861,830   392,358,818      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,617,941

Confidence Interval Values (5)

State Lower Limit: 372,740,877 (State Test Value minus Margin of Error Percent)
Local Test Value: 382,861,830 (Within Confidence Interval)
State Upper Limit: 411,976,759 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 584,019,581 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories