taxes Property Tax Assistance

2021 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 4,438,941 0.8571 5,179,023 11 97 0.062464349
A 4,899,490 0.9310 5,262,610 9 49 0.035457436
A 4,597,070 1.0175 4,518,005 8 28 0.028936572
A 5,933,520 1.0227 5,801,819 7 21 0.011661591
E 102,681,240 1.0307 99,622,819 23 807 0.025990137
Random Totals: 122,550,261 120,384,276 58 1,002
CATG D1 EXCEPTION VALUES: 5,328,916 4,672,232
CATG J EXCEPTION VALUES: 10,418,324 11,281,146
Total Test Values 138,297,501 136,337,654

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,816,883

Confidence Interval Values(5)

Local Test Value: 138,297,501 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 129,520,771 (State Test Value minus Margin of Error Percent)
State Upper Limit: 143,154,537 (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