taxes Property Tax Assistance

2023 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 1,596,440 0.9095 1,755,294 11 38 0.031000858
A 2,905,420 0.9586 3,030,899 12 34 0.009853497
A 5,839,950 0.9801 5,958,525 12 40 0.001861767
A 7,437,400 0.9996 7,440,376 9 29 0.004730957
E 31,102,560 1.0131 30,700,385 20 180 0.032202730
Random Totals: 48,881,770 48,885,479 64 321
CATG D1 EXCEPTION VALUES: 5,302,051 4,498,605
CATG J EXCEPTION VALUES: 45,581 47,267
Total Test Values 54,229,402 53,431,351

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,671,568

Confidence Interval Values(5)

Local Test Value: 54,229,402 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 50,759,783 (State Test Value minus Margin of Error Percent)
State Upper Limit: 56,102,919 (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