taxes Property Tax Assistance

2022 Confidence Interval Detail

Clay County
039-905/Midway ISD

Category Summary

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

Stratum
Variance
A 3,136,820 0.9901 3,168,185 9 58 0.022826388
A 2,627,640 1.0716 2,452,072 8 28 0.022989838
A 2,487,590 0.9962 2,497,079 7 18 0.062566646
A 2,700,160 1.0194 2,648,774 6 12 0.006420092
E 40,484,870 0.8715 46,454,240 23 443 0.127512323
G1 3,999,710 0.9985 4,005,719 9 75 0.000691469
G1 3,816,570 1.0293 3,707,928 7 19 0.000665748
G1 4,041,742 1.0112 3,996,976 5 12 0.000958515
G1 3,750,766 1.0201 3,676,861 5 7 0.001331687
Random Totals: 67,045,868 72,607,834 79 672
CATG D1 EXCEPTION VALUES: 11,583,990 9,195,608
CATG J EXCEPTION VALUES: 8,029,680 9,020,258
Total Test Values 86,659,538 90,823,700

Margin of Error

Margin of Error Percent: 7.4034995
Margin of Error Value: 6,724,132

Confidence Interval Values(5)

Local Test Value: 86,659,538 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 84,099,568 (State Test Value minus Margin of Error Percent)
State Upper Limit: 97,547,832 (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