taxes Property Tax Assistance

2023 Confidence Interval Detail

Clay County
039-902/Henrietta ISD

Category Summary

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

Stratum
Variance
A 50,593,310 0.8697 58,173,290 21 663 0.055027555
A 52,431,680 0.9476 55,331,026 18 387 0.028979364
A 70,272,422 0.9167 76,658,036 13 357 0.074486955
A 140,647,630 1.0812 130,084,748 12 421 0.013637399
E 96,881,910 0.5822 166,406,578 16 579 0.171658215
F1 7,792,135 1.0096 7,718,042 12 72 0.005946107
F1 10,978,090 1.0076 10,895,286 9 36 0.003663808
F1 10,528,520 1.0294 10,227,822 5 11 0.003072737
F1 9,311,090 0.9118 10,211,274 3 4 0.004776526
Random Totals: 449,436,787 525,706,102 109 2,530
CATG D1 EXCEPTION VALUES: 19,078,068 13,954,853
CATG J EXCEPTION VALUES: 13,891,300 13,559,121
Total Test Values 482,406,155 553,220,076

Margin of Error

Margin of Error Percent: 6.7284531
Margin of Error Value: 37,223,153

Confidence Interval Values(5)

Local Test Value: 482,406,155 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 515,996,923 (State Test Value minus Margin of Error Percent)
State Upper Limit: 590,443,229 (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