taxes Property Tax Assistance

2024 Confidence Interval Detail

Hill 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 0 8,950,730 0.9244 9,682,746 15 49 0.018440960
E 0 23,805,660 0.9418 25,276,768 20 133 0.053812482
Random Totals: 32,756,390 34,959,514 35 182
CATG D1 EXCEPTION VALUES: 734,180 436,741
Total Test Values 33,490,570 35,396,255

Margin of Error

Margin of Error Percent: 7.1180535
Margin of Error Value: 2,519,524

Confidence Interval Values(5)

Local Test Value: 33,490,570 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 32,876,731 (State Test Value minus Margin of Error Percent)
State Upper Limit: 37,915,779 (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