taxes Property Tax Assistance

2016 Confidence Interval Detail

109/Hill
070-909/Milford ISD

Category Summary

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

Stratum
Variance
A 3,401,690 0.9796 3,472,530 8 47 .008356077
E 5,619,050 0.9724 5,778,538 10 100 .004313330
Random Totals: 9,020,740   9,251,068 18 147  
Catg J Exception Values: 891,612   1,037,197      
Catg D1 Exception Values: 738,090   773,319      
Total Test Values (4): 10,650,442   11,061,584      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 553,079

Confidence Interval Values (5)

State Lower Limit: 10,508,505 (State Test Value minus Margin of Error Percent)
Local Test Value: 10,650,442 (Within Confidence Interval)
State Upper Limit: 11,614,663 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 26,031,588 (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, D3, 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