taxes Property Tax Assistance

2016 Confidence Interval Detail

166/Milam
166-903/Milano ISD

Category Summary

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

Stratum
Variance
A 2,165,688 0.9195 2,355,289 10 84 .008863220
A 1,689,720 0.9133 1,850,126 8 33 .031467959
A 2,954,260 1.0038 2,943,076 8 39 .010641231
A 7,718,520 0.8614 8,960,436 7 52 .012121577
E 67,238,810 1.0027 67,057,754 21 895 .070441671
Random Totals: 81,766,998   83,166,681 54 1,103  
Catg J Exception Values: 9,713,960   9,615,878      
Catg D1 Exception Values: 6,159,854   5,502,588      
Total Test Values (4): 97,640,812   98,285,147      

Margin of Error

Margin of Error Percent: 7.8872182
Margin of Error Value: 7,751,964

Confidence Interval Values (5)

State Lower Limit: 90,533,183 (State Test Value minus Margin of Error Percent)
Local Test Value: 97,640,812 (Within Confidence Interval)
State Upper Limit: 106,037,111 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 99,886,936 (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