taxes Property Tax Assistance

2021 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 17,609,892 0.7827 22,498,904 12 243 0.078516731
A 19,028,990 0.9184 20,719,719 18 131 0.071876117
A 22,471,150 0.9743 23,063,892 19 101 0.037591553
A 22,591,450 1.0895 20,735,613 17 66 0.031632552
E 97,037,180 0.9272 104,656,148 23 600 0.090523001
Random Totals: 178,738,662 191,674,276 89 1,141
CATG D1 EXCEPTION VALUES: 11,600,244 8,434,831
CATG J EXCEPTION VALUES: 5,309,450 5,558,383
Total Test Values 195,648,356 205,667,490

Margin of Error

Margin of Error Percent: 6.6537873
Margin of Error Value: 13,684,677

Confidence Interval Values(5)

Local Test Value: 195,648,356 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 191,982,813 (State Test Value minus Margin of Error Percent)
State Upper Limit: 219,352,167 (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