taxes Property Tax Assistance

2019 Confidence Interval Detail

Milam County
166-907/Buckholts ISD

Category Summary

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

Stratum
Variance
A 1,832,640 0.7320 2,503,607 15 58 0.066878817
A 2,782,191 0.8632 3,223,113 12 40 0.046372579
A 2,497,450 0.9396 2,657,993 10 23 0.018960949
A 3,066,490 1.1872 2,582,960 7 15 0.029910986
E 15,145,200 0.9385 16,137,666 21 159 0.124393828
Random Totals: 25,323,971 27,105,339 65 295
CATG D1 EXCEPTION VALUES: 6,516,211 5,061,549
CATG J EXCEPTION VALUES: 296,476 2,112,724
Total Test Values(2) 32,136,658 34,279,612

Margin of Error

Margin of Error Percent: 6.9292062
Margin of Error Value: 2,375,305

Confidence Interval Values(5)

Local Test Value: 32,136,658 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 31,904,307 (State Test Value minus Margin of Error Percent)
State Upper Limit: 36,654,917 (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