taxes Property Tax Assistance

2020 Confidence Interval Detail

Hill County
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 4,697,420 0.9922 4,734,348 20 49 0.079197546
E 9,291,640 0.9357 9,930,149 20 101 0.039949223
Random Totals: 13,989,060 14,664,497 40 150
CATG D1 EXCEPTION VALUES: 800,670 482,175
Total Test Values 14,789,730 15,146,672

Margin of Error

Margin of Error Percent: 6.1184772
Margin of Error Value: 926,746

Confidence Interval Values(5)

Local Test Value: 14,789,730 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 14,219,926 (State Test Value minus Margin of Error Percent)
State Upper Limit: 16,073,418 (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