taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
070/Ellis
070-909/Milford ISD

Category Summary

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

Stratum
Variance
A 3,772,334 0.9504 3,969,207 10 113 .009394660
A 3,555,760 0.9724 3,656,684 9 59 .047574856
A 3,594,460 0.9684 3,711,751 9 44 .021702401
A 2,407,720 0.9477 2,540,593 7 19 .007316566
E 10,946,650 0.9277 11,799,774 12 163 .012527658
Random Totals: 24,276,924   25,678,009 47 398  
Catg J Exception Values: 16,310,040   18,273,049      
Catg D1 Exception Values: 4,672,035   2,900,538      
Total Test Values (4): 45,258,999   46,851,596      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,342,579

Confidence Interval Values (5)

State Lower Limit: 44,509,017 (State Test Value minus Margin of Error Percent)
Local Test Value: 45,258,999 (Within Confidence Interval)
State Upper Limit: 49,194,175 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 53,998,935 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories