taxes Property Tax Assistance

2023 Confidence Interval Detail

Colorado County
045-902/Columbus ISD

Category Summary

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

Stratum
Variance
A 95,958,713 0.6252 153,484,826 13 902 0.034570222
A 97,901,341 0.7753 126,275,430 11 515 0.017370814
A 105,010,905 0.7850 133,771,854 12 391 0.018512166
A 161,894,641 0.8300 195,053,784 16 373 0.022033396
E 574,815,914 0.6967 825,055,137 20 3,604 0.197628970
F1 32,921,846 0.9914 33,207,430 10 155 0.001289423
F1 35,211,245 0.9273 37,971,794 10 56 0.012578758
F1 35,389,848 0.9189 38,513,275 8 23 0.011853455
F1 33,965,648 1.0556 32,176,628 5 7 0.005221385
G1 42,254,054 1.0515 40,184,550 9 48 0.000077502
Random Totals: 1,215,324,155 1,615,694,708 114 6,074
CATG D1 EXCEPTION VALUES: 28,487,714 32,106,860
CATG G1 EXCEPTION VALUES: 28,742,983 28,586,032
CATG J EXCEPTION VALUES: 42,610,678 44,613,785
Total Test Values 1,315,165,530 1,721,001,385

Margin of Error

Margin of Error Percent: 9.5260579
Margin of Error Value: 163,943,588

Confidence Interval Values(5)

Local Test Value: 1,315,165,530 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,557,057,797 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,884,944,973 (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