taxes Property Tax Assistance

2019 Confidence Interval Detail

Milam County
166-903/Milano ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 4,103,641 0.7078 5,797,741 14 111 0.063261774
A 3,131,930 0.9046 3,462,226 11 38 0.059929269
A 3,952,970 1.0360 3,815,608 11 30 0.036552154
A 7,242,120 1.1793 6,141,033 8 30 0.029429333
E 103,097,250 1.0056 102,523,121 29 793 0.046342520
Random Totals: 121,527,911 121,739,729 73 1,002
CATG D1 EXCEPTION VALUES: 4,425,839 4,230,757
CATG J EXCEPTION VALUES: 8,955,539 9,711,040
Total Test Values(2) 134,909,289 135,681,526

Margin of Error

Margin of Error Percent: 5.9715977
Margin of Error Value: 8,102,355

Confidence Interval Values(5)

Local Test Value: 134,909,289 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 127,579,171 (State Test Value minus Margin of Error Percent)
State Upper Limit: 143,783,881 (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