taxes Property Tax Assistance

2022 Confidence Interval Detail

Henderson County
107-908/Murchison ISD

Category Summary

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

Stratum
Variance
A 4,549,670 0.8316 5,470,984 11 69 0.056012617
A 6,167,490 0.9415 6,550,706 11 53 0.047907178
A 8,401,870 1.0874 7,726,568 11 49 0.052145978
A 16,042,380 1.0627 15,095,869 9 51 0.019042136
E 19,509,680 0.9741 20,028,416 21 115 0.066350932
F1 3,291,100 0.8314 3,958,504 8 29 0.015180260
Random Totals: 57,962,190 58,831,047 71 366
CATG D1 EXCEPTION VALUES: 615,780 531,873
CATG J EXCEPTION VALUES: 1,714,140 2,132,983
Total Test Values 60,292,110 61,495,903

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,074,795

Confidence Interval Values(5)

Local Test Value: 60,292,110 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 58,421,108 (State Test Value minus Margin of Error Percent)
State Upper Limit: 64,570,698 (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