taxes Property Tax Assistance

2020 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 1,776,700 0.8648 2,054,463 9 55 0.032686539
A 2,327,920 1.0241 2,273,137 8 33 0.035841035
A 2,175,380 0.9250 2,351,762 7 19 0.023367069
A 3,377,380 0.9972 3,386,863 6 17 0.009872294
E 33,146,770 0.9622 34,448,940 18 404 0.063804228
G1 3,538,690 0.9898 3,575,157 9 80 0.000619698
G1 3,609,290 0.9890 3,649,434 7 22 0.000355277
G1 3,856,040 0.9935 3,881,268 6 12 0.000192374
G1 3,048,500 0.9830 3,101,221 4 5 0.000615766
Random Totals: 56,856,670 58,722,245 74 647
CATG D1 EXCEPTION VALUES: 11,589,173 11,086,526
CATG J EXCEPTION VALUES: 8,502,000 9,602,646
Total Test Values 76,947,843 79,411,417

Margin of Error

Margin of Error Percent: 5.0715882
Margin of Error Value: 4,027,420

Confidence Interval Values(5)

Local Test Value: 76,947,843 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 75,383,997 (State Test Value minus Margin of Error Percent)
State Upper Limit: 83,438,837 (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