taxes Property Tax Assistance

2024 Confidence Interval Detail

Ellis County
070-909/Milford ISD

Category Summary

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

Stratum
Variance
A 2 15,846,537 0.9998 15,849,707 10 130 0.026507315
A 3 14,390,886 0.9261 15,539,236 9 77 0.010664605
A 4 14,373,926 1.0269 13,997,396 9 62 0.018271290
A 5 11,581,064 0.9486 12,208,585 9 31 0.018398436
E 0 52,877,706 1.0639 49,701,763 20 226 0.041175319
Random Totals: 109,070,119 107,296,687 57 526
CATG D1 EXCEPTION VALUES: 4,746,899 1,752,775
CATG J EXCEPTION VALUES: 42,769 44,123
Total Test Values 113,859,787 109,093,585

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,454,679

Confidence Interval Values(5)

Local Test Value: 113,859,787 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 103,638,906 (State Test Value minus Margin of Error Percent)
State Upper Limit: 114,548,264 (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