taxes Property Tax Assistance

2021 Confidence Interval Detail

Milam County
166-907/Buckholts ISD

Category Summary

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

Stratum
Variance
A 2,300,580 0.7825 2,940,038 15 63 0.074201255
A 2,289,580 1.0122 2,261,984 15 31 0.041791530
A 2,145,590 0.8613 2,491,106 15 19 0.022878329
E 18,364,330 0.8092 22,694,427 21 166 0.265834667
Random Totals: 25,100,080 30,387,555 66 279
CATG A EXCEPTION VALUES: 2,119,270 2,004,976
CATG D1 EXCEPTION VALUES: 5,645,412 3,955,339
CATG J EXCEPTION VALUES: 632,848 1,192,038
Total Test Values 33,497,610 37,539,908

Margin of Error

Margin of Error Percent: 12.7284668
Margin of Error Value: 4,778,255

Confidence Interval Values(5)

Local Test Value: 33,497,610 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 32,761,653 (State Test Value minus Margin of Error Percent)
State Upper Limit: 42,318,163 (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