taxes Property Tax Assistance

2023 Confidence Interval Detail

Milam County
166-901/Cameron ISD

Category Summary

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

Stratum
Variance
A 48,462,923 0.8965 54,057,917 12 682 0.017071564
A 51,453,140 1.0214 50,375,113 12 424 0.024256821
A 52,547,460 0.9764 53,817,554 13 310 0.044875618
A 144,572,390 1.0379 139,293,179 18 505 0.020972555
E 240,863,039 1.0048 239,712,419 21 1,282 0.049367762
F1 14,853,320 0.6549 22,680,287 13 114 0.351730151
F1 17,940,640 0.9456 18,972,758 12 58 0.012866475
F1 17,218,042 0.6538 26,335,335 12 27 0.523012101
F1 16,684,910 0.8241 20,245,348 10 24 0.146606250
Random Totals: 604,595,864 625,489,910 123 3,426
CATG D1 EXCEPTION VALUES: 28,580,934 24,977,184
CATG J EXCEPTION VALUES: 8,236,126 9,459,181
Total Test Values 641,412,924 659,926,275

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,996,314

Confidence Interval Values(5)

Local Test Value: 641,412,924 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 626,929,961 (State Test Value minus Margin of Error Percent)
State Upper Limit: 692,922,589 (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