taxes Property Tax Assistance

2019 Confidence Interval Detail

Henderson County
129-904/Kemp ISD

Category Summary

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

Stratum
Variance
A 18,928,210 0.6692 28,284,833 16 515 0.220809931
A 18,759,440 0.8433 22,245,275 16 225 0.090455063
A 20,847,300 0.9332 22,339,584 16 123 0.049574654
A 25,737,690 0.9820 26,209,460 15 66 0.010458283
E 34,819,410 0.8837 39,401,845 22 392 0.034215505
Random Totals: 119,092,050 138,480,997 85 1,321
CATG D1 EXCEPTION VALUES: 2,152,400 2,170,484
Total Test Values(1) 121,244,450 140,651,481

Margin of Error

Margin of Error Percent: 5.8832117
Margin of Error Value: 8,274,824

Confidence Interval Values(5)

Local Test Value: 121,244,450 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 132,376,657 (State Test Value minus Margin of Error Percent)
State Upper Limit: 148,926,305 (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