taxes Property Tax Assistance

2023 Confidence Interval Detail

Milam County
166-904/Rockdale ISD

Category Summary

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

Stratum
Variance
A 60,526,442 0.9355 64,699,564 19 721 0.098031061
A 71,112,790 1.0520 67,597,709 15 489 0.019661047
A 114,694,700 0.9963 115,120,646 24 560 0.024753859
A 187,586,490 1.0441 179,663,337 20 556 0.015597644
E 308,250,297 1.0273 300,058,695 20 1,250 0.222643399
F1 20,548,030 0.7581 27,104,643 11 121 0.073987610
F1 19,281,630 0.8933 21,584,720 9 45 0.031650396
F1 25,610,270 0.8675 29,521,925 9 27 0.026682735
F1 23,760,720 1.0262 23,154,083 4 9 0.001294634
Random Totals: 831,371,369 828,505,322 131 3,778
CATG D1 EXCEPTION VALUES: 11,891,169 10,903,648
CATG J EXCEPTION VALUES: 12,914,737 13,530,999
Total Test Values 856,177,275 852,939,969

Margin of Error

Margin of Error Percent: 7.4741343
Margin of Error Value: 63,749,879

Confidence Interval Values(5)

Local Test Value: 856,177,275 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 789,190,090 (State Test Value minus Margin of Error Percent)
State Upper Limit: 916,689,848 (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