taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
166/Milam
166-902/Gause ISD

Category Summary

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

Stratum
Variance
A 1,742,233 0.6845 2,545,264 10 78 .050441349
A 1,947,490 0.6830 2,851,376 10 47 .035385986
A 2,204,330 0.7146 3,084,705 10 34 .022225917
A 1,929,530 0.7735 2,494,544 10 17 .017284297
E 31,211,088 0.9661 32,306,271 14 374 .037684564
G1 7,152,420 0.9751 7,335,063 8 21 .029625257
G1 7,157,157 0.9879 7,244,819 5 11 .008612413
G1 7,166,807 1.0203 7,024,215 4 6 .006563272
G1 6,134,284 1.0880 5,638,129 2 3 .000570537
Random Totals: 66,645,339   70,524,386 73 591  
Catg J Exception Values: 5,501,954   5,533,261      
Catg D1 Exception Values: 2,384,829   2,876,760      
Total Test Values (4): 74,532,122   78,934,407      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,946,720

Confidence Interval Values (5)

Local Test Value: 74,532,122 (Outside Confidence Interval)
State Lower Limit: 74,987,687 (State Test Value minus Margin of Error Percent)
State Upper Limit: 82,881,127 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 76,216,711 (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