taxes Property Tax Assistance

2020 Confidence Interval Detail

Henderson County
107-904/Cross Roads ISD

Category Summary

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

Stratum
Variance
A 12,259,820 0.8651 14,171,564 10 246 0.049466152
A 21,898,110 1.0402 21,051,827 11 243 0.020729315
A 21,841,850 1.0126 21,570,067 11 144 0.074862768
A 26,707,230 1.0998 24,283,715 10 90 0.008961588
E 91,538,430 1.0190 89,831,629 21 746 0.035721650
Random Totals: 174,245,440 170,908,802 63 1,469
CATG D1 EXCEPTION VALUES: 5,416,500 4,783,642
CATG J EXCEPTION VALUES: 67,830,000 68,693,742
Total Test Values 247,491,940 244,386,186

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,219,309

Confidence Interval Values(5)

Local Test Value: 247,491,940 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 232,166,877 (State Test Value minus Margin of Error Percent)
State Upper Limit: 256,605,495 (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