taxes Property Tax Assistance

2023 Confidence Interval Detail

Polk County
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 3,635,601 0.8356 4,350,887 14 74 0.023709124
A 4,334,057 0.8711 4,975,384 13 49 0.022730219
A 4,934,170 0.9701 5,086,249 11 31 0.007046774
A 8,832,692 1.0384 8,506,059 9 30 0.013527021
E 27,442,145 1.1331 24,218,644 22 196 0.101461608
Random Totals: 49,178,665 47,137,223 69 380
CATG D1 EXCEPTION VALUES: 6,980,344 6,413,771
Total Test Values 56,159,009 53,550,994

Margin of Error

Margin of Error Percent: 5.9441202
Margin of Error Value: 3,183,135

Confidence Interval Values(5)

Local Test Value: 56,159,009 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 50,367,859 (State Test Value minus Margin of Error Percent)
State Upper Limit: 56,734,129 (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