taxes Property Tax Assistance

2023 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 21,687,840 0.9818 22,089,876 12 209 0.079986946
A 34,364,069 1.0172 33,783,001 12 180 0.036398122
A 42,722,260 0.9857 43,342,051 12 149 0.059663177
A 50,987,110 0.9810 51,974,628 12 106 0.015828756
E 164,586,896 0.9723 169,275,837 20 630 0.174710050
Random Totals: 314,348,175 320,465,393 68 1,274
CATG D1 EXCEPTION VALUES: 11,317,050 9,735,913
CATG J EXCEPTION VALUES: 6,246,411 6,557,479
Total Test Values 331,911,636 336,758,785

Margin of Error

Margin of Error Percent: 9.5595643
Margin of Error Value: 32,192,673

Confidence Interval Values(5)

Local Test Value: 331,911,636 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 304,566,112 (State Test Value minus Margin of Error Percent)
State Upper Limit: 368,951,458 (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