taxes Property Tax Assistance

2023 Confidence Interval Detail

Polk County
187-906/Leggett ISD

Category Summary

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

Stratum
Variance
A 8,401,723 0.8315 10,104,297 12 152 0.042200179
A 9,688,425 0.9000 10,764,917 13 89 0.017249856
A 12,117,501 0.9846 12,307,029 12 71 0.009525148
A 14,948,564 1.0479 14,265,258 12 49 0.015908616
E 46,918,306 1.1824 39,680,570 21 303 0.045915139
G1 11,135,325 0.9996 11,139,781 9 50 0.000021039
Random Totals: 103,209,844 98,261,852 79 714
CATG D1 EXCEPTION VALUES: 10,226,483 9,217,391
CATG J EXCEPTION VALUES: 8,551,510 9,234,610
Total Test Values 121,987,837 116,713,853

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,835,693

Confidence Interval Values(5)

Local Test Value: 121,987,837 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 110,878,160 (State Test Value minus Margin of Error Percent)
State Upper Limit: 122,549,546 (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