taxes Property Tax Assistance

2017 Confidence Interval Detail

187/Polk
229-906/Chester ISD

Category Summary

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

Stratum
Variance
A 3,137,763 0.9260 3,388,513 13 91 .027736226
A 2,962,085 0.9574 3,093,884 10 43 .044386912
A 2,884,815 0.9494 3,038,566 11 25 .010225750
A 3,839,958 1.0214 3,759,505 10 20 .016685239
E 8,785,099 0.9732 9,027,023 23 166 .008421015
Random Totals: 21,609,720   22,307,491 67 345  
Catg D1 Exception Values: 7,193,105   7,217,431      
Total Test Values (4): 28,802,825   29,524,922      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,476,246

Confidence Interval Values (5)

State Lower Limit: 28,048,676 (State Test Value minus Margin of Error Percent)
Local Test Value: 28,802,825 (Within Confidence Interval)
State Upper Limit: 31,001,168 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 29,469,617 (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, 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
(6) Includes local value of unstudied property categories and sub-categories