taxes Property Tax Assistance

2023 Confidence Interval Detail

Colorado County
045-905/Weimar ISD

Category Summary

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

Stratum
Variance
A 27,282,939 0.8183 33,340,998 12 351 0.082501899
A 33,716,920 0.9221 36,565,362 12 240 0.053039193
A 45,040,300 0.9424 47,793,188 12 219 0.078014134
A 67,544,530 1.1223 60,184,024 11 194 0.053052481
E 251,776,439 0.6649 378,668,129 20 1,908 0.152203469
F1 11,427,300 0.8426 13,561,951 9 84 0.055839764
F1 10,813,488 0.8836 12,237,990 7 22 0.009011825
F1 10,855,603 1.0010 10,844,758 5 7 0.000446319
Random Totals: 458,457,519 593,196,400 88 3,025
CATG D1 EXCEPTION VALUES: 11,441,935 12,871,290
CATG F1 EXCEPTION VALUES: 9,960,700 9,929,108
Total Test Values 479,860,154 615,996,798

Margin of Error

Margin of Error Percent: 10.8329311
Margin of Error Value: 66,730,509

Confidence Interval Values(5)

Local Test Value: 479,860,154 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 549,266,289 (State Test Value minus Margin of Error Percent)
State Upper Limit: 682,727,307 (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