taxes Property Tax Assistance

2017 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 27,280,341 0.7311 37,314,103 19 810 .141253883
A 26,997,210 0.8917 30,276,113 17 402 .095651930
A 28,117,144 1.0075 27,907,835 17 257 .016679850
A 32,512,660 0.9310 34,922,299 16 158 .018128666
E 125,278,081 0.8779 142,701,995 23 2,257 .051498394
F1 8,164,630 1.0011 8,155,659 9 143 .006182605
F1 6,907,300 1.0289 6,713,286 8 38 .005750148
F1 5,682,230 1.0572 5,374,792 6 12 .003844662
F1 8,222,350 1.0508 7,824,848 2 5 .010435634
G1 6,328,393 1.0064 6,288,149 7 22 .006594220
Random Totals: 275,490,339   307,479,079 124 4,104  
Catg J Exception Values: 42,866,467   45,142,147      
Catg D1 Exception Values: 66,600,416   61,159,661      
Catg G1 Exception Values: 34,770,290   33,667,223      
Total Test Values (4): 419,727,512   447,448,110      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,372,405

Confidence Interval Values (5)

Local Test Value: 419,727,512 (Outside Confidence Interval)
State Lower Limit: 425,075,705 (State Test Value minus Margin of Error Percent)
State Upper Limit: 469,820,515 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 777,714,802 (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