taxes Property Tax Assistance

2023 Confidence Interval Detail

Milam County
166-902/Gause ISD

Category Summary

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

Stratum
Variance
E 94,003,211 0.8933 105,231,402 20 322 0.116666956
G1 205,280,619 1.0050 204,259,322 15 46 0.000053038
Random Totals: 299,283,830 309,490,724 35 368
CATG D1 EXCEPTION VALUES: 3,226,458 3,076,662
Total Test Values 302,510,288 312,567,386

Margin of Error

Margin of Error Percent: 5.0590957
Margin of Error Value: 15,813,083

Confidence Interval Values(5)

Local Test Value: 302,510,288 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 296,754,303 (State Test Value minus Margin of Error Percent)
State Upper Limit: 328,380,469 (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