taxes Property Tax Assistance

2023 Confidence Interval Detail

Milam County
073-905/Rosebud-Lott ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,941,760 1.1696 3,370,178 8 37 0.027148672
E 8,279,810 0.7124 11,622,417 9 71 0.342506805
Random Totals: 12,221,570 14,992,595 17 108
CATG D1 EXCEPTION VALUES: 5,467,312 4,819,039
CATG J EXCEPTION VALUES: 12,446,529 14,656,188
Total Test Values 30,135,411 34,467,822

Margin of Error

Margin of Error Percent: 13.1373694
Margin of Error Value: 4,528,165

Confidence Interval Values(5)

Local Test Value: 30,135,411 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 29,939,657 (State Test Value minus Margin of Error Percent)
State Upper Limit: 38,995,987 (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