taxes Property Tax Assistance

2019 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 25,876,459 1.0659 24,276,629 10 716 0.014337697
A 26,769,060 1.0089 26,532,917 10 447 0.012435403
A 25,360,621 0.9042 28,047,579 11 268 0.093807163
A 26,574,069 0.9179 28,950,941 11 159 0.010078329
E 43,505,032 0.9945 43,745,633 16 484 0.358487890
F1 8,759,393 0.9895 8,852,343 9 123 0.010798098
F1 8,866,090 0.9733 9,109,309 9 40 0.010053174
F1 7,736,970 0.9797 7,897,285 7 16 0.005578603
F1 11,128,970 0.7299 15,247,253 4 8 0.010055279
G1 6,040,264 0.9906 6,097,581 8 38 0.000364467
G1 5,944,213 1.0038 5,921,711 6 13 0.000113750
G1 6,930,067 0.9798 7,072,940 3 4 0.000196107
Random Totals: 203,491,208 211,752,121 104 2,316
CATG D1 EXCEPTION VALUES: 20,911,015 31,824,780
CATG G1 EXCEPTION VALUES: 16,956,643 16,817,116
CATG J EXCEPTION VALUES: 18,021,750 15,493,384
Total Test Values(3) 259,380,616 275,887,401

Margin of Error

Margin of Error Percent: 5.1269396
Margin of Error Value: 14,144,580

Confidence Interval Values(5)

Local Test Value: 259,380,616 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 261,742,821 (State Test Value minus Margin of Error Percent)
State Upper Limit: 290,031,981 (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