taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 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 26,355,284 0.7161 36,803,916 10 797 .186615788
A 26,193,340 1.0425 25,125,506 10 398 .011170175
A 26,065,440 0.9207 28,310,459 10 248 .021203580
A 27,168,690 0.9601 28,297,771 9 138 .054627862
E 111,452,955 0.9150 121,806,508 16 2,226 .024254767
F1 6,108,113 0.9981 6,119,741 9 129 .002181000
F1 6,900,160 1.0089 6,839,290 8 45 .009317806
F1 7,012,670 1.0166 6,898,161 6 14 .002498436
G1 9,750,755 0.9732 10,019,271 7 26 .055641200
G1 10,180,517 1.1987 8,492,965 5 11 .105015811
G1 18,236,689 0.9998 18,240,337 3 4 .006745310
Random Totals: 275,424,613   296,953,925 93 4,036  
Catg J Exception Values: 35,240,705   37,366,529      
Catg D1 Exception Values: 65,526,073   62,855,816      
Catg F1 Exception Values: 5,891,430   5,513,392      
Catg G1 Exception Values: 21,089,070   19,652,607      
Total Test Values (4): 403,171,891   422,342,269      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,117,113

Confidence Interval Values (5)

State Lower Limit: 401,225,156 (State Test Value minus Margin of Error Percent)
Local Test Value: 403,171,891 (Within Confidence Interval)
State Upper Limit: 443,459,382 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 759,947,852 (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