taxes Property Tax Assistance

2019 Confidence Interval Detail

Milam County
166-905/Thorndale ISD

Category Summary

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

Stratum
Variance
A 14,680,342 0.8113 18,094,838 17 214 0.040096682
A 17,243,820 1.0646 16,197,464 18 135 0.038209887
A 13,207,110 1.0648 12,403,372 17 72 0.012429418
A 28,626,280 1.0741 26,651,410 18 95 0.013991789
E 86,055,521 1.0494 82,004,499 30 587 0.135951312
Random Totals: 159,813,073 155,351,583 100 1,103
CATG D1 EXCEPTION VALUES: 13,805,343 11,010,062
CATG J EXCEPTION VALUES: 4,677,753 4,835,460
Total Test Values(2) 178,296,169 171,197,105

Margin of Error

Margin of Error Percent: 6.4182866
Margin of Error Value: 10,987,921

Confidence Interval Values(5)

Local Test Value: 178,296,169 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 160,209,184 (State Test Value minus Margin of Error Percent)
State Upper Limit: 182,185,026 (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