taxes Property Tax Assistance

2017 Confidence Interval Detail

168/Mitchell
168-901/Colorado ISD

Category Summary

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

Stratum
Variance
A 26,491,450 0.9518 27,833,001 14 749 .022159817
A 25,955,801 0.9346 27,772,096 13 443 .005672572
A 26,238,461 0.9975 26,304,222 11 283 .009847388
A 27,363,629 0.9624 28,432,698 11 165 .006905440
E 43,742,883 0.9881 44,269,692 22 499 .014343915
F1 8,241,158 0.9624 8,563,132 9 117 .041988442
F1 8,656,547 1.0126 8,548,832 9 40 .024068333
F1 10,259,776 0.9744 10,529,327 8 20 .006563647
F1 8,055,922 1.0499 7,673,037 4 6 .017246803
G1 5,050,766 1.0777 4,686,616 8 43 .038962894
G1 5,284,615 0.9948 5,312,239 6 13 .001636328
G1 5,658,021 1.0274 5,507,126 2 3 .000293841
Random Totals: 200,999,029   205,432,018 117 2,381  
Catg J Exception Values: 10,231,860   9,800,239      
Catg D1 Exception Values: 20,918,147   23,313,248      
Catg G1 Exception Values: 14,505,422   13,859,734      
Total Test Values (4): 246,654,458   252,405,239      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,620,261

Confidence Interval Values (5)

State Lower Limit: 239,784,978 (State Test Value minus Margin of Error Percent)
Local Test Value: 246,654,458 (Within Confidence Interval)
State Upper Limit: 265,025,500 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 351,520,496 (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, 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
(6) Includes local value of unstudied property categories and sub-categories