taxes Property Tax Assistance

2022 Confidence Interval Detail

Randall County
191-901/Canyon ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 657,056,852 0.9365 701,609,025 100 4,035 0.018372512
A 1,207,318,618 0.9778 1,234,729,615 100 5,359 0.008195698
A 1,690,567,329 0.9774 1,729,657,591 100 5,766 0.005650158
A 2,406,802,077 0.9614 2,503,434,655 100 4,871 0.021010250
F1 154,443,717 0.9940 155,375,973 12 566 0.005110449
F1 153,280,505 1.0027 152,867,762 11 191 0.001614281
F1 172,159,400 0.9734 176,863,982 10 82 0.002389255
F1 118,733,564 0.9956 119,258,301 7 17 0.000727479
L1 93,122,109 1.0126 91,963,371 10 729 0.000593372
L1 94,081,608 1.0188 92,345,512 10 127 0.001430199
L1 92,709,917 0.9944 93,232,016 8 41 0.013093356
L1 103,886,652 1.0346 100,411,847 5 8 0.000805114
Random Totals: 6,944,162,348 7,151,749,650 473 21,792
CATG D1 EXCEPTION VALUES: 21,656,793 26,182,972
Total Test Values 6,965,819,141 7,177,932,622

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 358,896,631

Confidence Interval Values(5)

Local Test Value: 6,965,819,141 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,819,035,991 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,536,829,253 (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