taxes Property Tax Assistance

2019 Confidence Interval Detail

Polk County
187-901/Big Sandy ISD

Category Summary

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

Stratum
Variance
A 11,043,822 0.9043 12,212,564 12 265 0.066674699
A 10,527,814 1.0188 10,333,543 11 127 0.074452415
A 10,886,301 0.9982 10,905,932 11 88 0.040098951
A 11,604,634 1.1209 10,352,961 10 56 0.012400797
E 34,783,073 0.9132 38,089,217 20 463 0.075476913
G1 128,346,240 0.9960 128,861,687 15 44 0.000252181
Random Totals: 207,191,884 210,755,904 79 1,043
CATG D1 EXCEPTION VALUES: 21,741,587 22,316,230
CATG J EXCEPTION VALUES: 4,621,700 3,237,901
Total Test Values(2) 233,555,171 236,310,035

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,815,502

Confidence Interval Values(5)

Local Test Value: 233,555,171 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 224,494,533 (State Test Value minus Margin of Error Percent)
State Upper Limit: 248,125,537 (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