taxes Property Tax Assistance

2018 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 29,025,342 0.7918 36,657,416 15 844 .058915188
A 30,821,720 0.9786 31,495,729 15 435 .027687407
A 33,178,683 0.9525 34,833,263 15 288 .007673834
A 43,416,250 0.9692 44,795,966 16 196 .002795801
E 136,229,866 0.9818 138,755,211 20 2,240 .065242904
F1 8,254,040 0.9926 8,315,575 9 143 .263841574
F1 7,293,790 0.7415 9,836,534 9 43 .029407244
F1 6,158,130 1.0114 6,088,719 6 12 .006237417
F1 10,559,080 1.0606 9,955,761 2 6 .000010016
G1 6,402,156 1.0013 6,393,844 6 13 .001756390
G1 7,682,380 0.9605 7,998,313 2 3 .000076360
Random Totals: 319,021,437   335,126,331 115 4,223  
Catg J Exception Values: 4,537,500   4,879,276      
Catg D1 Exception Values: 66,495,986   61,699,587      
Catg G1 Exception Values: 27,187,021   27,386,726      
Total Test Values (4): 417,241,944   429,091,920      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,454,596

Confidence Interval Values (5)

State Lower Limit: 407,637,324 (State Test Value minus Margin of Error Percent)
Local Test Value: 417,241,944 (Within Confidence Interval)
State Upper Limit: 450,546,516 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 815,785,530 (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