taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
109/Hill
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 2,917,670 0.9425 3,095,671 21 44 .024328058
E 5,171,660 0.9819 5,266,993 21 94 .032771249
Random Totals: 8,089,330   8,362,664 42 138  
Catg J Exception Values: 872,872   937,747      
Catg D1 Exception Values: 713,350   714,107      
Total Test Values (4): 9,675,552   10,014,518      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 500,725

Confidence Interval Values (5)

State Lower Limit: 9,513,793 (State Test Value minus Margin of Error Percent)
Local Test Value: 9,675,552 (Within Confidence Interval)
State Upper Limit: 10,515,243 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 23,181,702 (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