taxes Property Tax Assistance

2021 Confidence Interval Detail

Mitchell County
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 24,170,243 0.8920 27,096,685 15 680 0.180735653
A 25,387,342 0.8968 28,308,811 15 422 0.015065693
A 29,763,475 0.8934 33,314,837 15 315 0.041468115
A 37,748,150 0.9697 38,927,658 16 214 0.021168060
E 47,764,271 0.9513 50,209,472 20 497 0.231039910
F1 8,538,257 1.0365 8,237,585 10 117 0.002712424
F1 8,569,637 1.0207 8,395,843 8 38 0.024833648
F1 8,948,392 0.9965 8,979,821 8 17 0.001951986
F1 8,668,196 1.1449 7,571,138 5 6 0.034898532
G1 3,103,852 0.9975 3,111,631 9 54 0.000606456
G1 2,966,871 0.9925 2,989,291 6 14 0.000462991
G1 4,378,522 0.9877 4,433,048 5 7 0.000176026
G1 1,609,714 1.0014 1,607,408 1 1 0.000000000
Random Totals: 211,616,922 223,183,228 133 2,382
CATG D1 EXCEPTION VALUES: 22,301,052 24,417,769
CATG J EXCEPTION VALUES: 41,013,010 40,933,530
Total Test Values 274,930,984 288,534,527

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,426,726

Confidence Interval Values(5)

Local Test Value: 274,930,984 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 274,107,801 (State Test Value minus Margin of Error Percent)
State Upper Limit: 302,961,253 (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