taxes Property Tax Assistance

2023 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 13,407,479 0.7751 17,297,741 13 259 0.053950149
A 13,692,538 1.0257 13,349,457 13 136 0.044472036
A 22,483,359 0.9784 22,979,721 15 146 0.029142233
A 24,036,083 1.0134 23,718,258 12 85 0.023030227
E 70,653,864 1.1952 59,114,679 18 491 0.027854613
G1 59,777,635 0.9974 59,933,462 9 48 0.000259657
Random Totals: 204,050,958 196,393,318 80 1,165
CATG D1 EXCEPTION VALUES: 19,274,053 17,749,984
CATG J EXCEPTION VALUES: 4,682,500 5,152,716
Total Test Values 228,007,511 219,296,018

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,964,801

Confidence Interval Values(5)

Local Test Value: 228,007,511 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 208,331,217 (State Test Value minus Margin of Error Percent)
State Upper Limit: 230,260,819 (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