taxes Property Tax Assistance

2022 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 27,180,650 0.7353 36,965,388 16 488 0.190850683
A 27,928,430 0.8478 32,942,239 17 217 0.093821036
A 33,847,510 0.9747 34,726,080 17 131 0.042332822
A 49,109,130 1.0528 46,646,210 16 87 0.035077061
E 72,681,650 0.9411 77,230,528 20 446 0.070645066
Random Totals: 210,747,370 228,510,445 86 1,369
CATG D1 EXCEPTION VALUES: 2,289,240 2,255,792
CATG J EXCEPTION VALUES: 1,265,430 1,504,380
Total Test Values 214,302,040 232,270,617

Margin of Error

Margin of Error Percent: 5.9304476
Margin of Error Value: 13,774,687

Confidence Interval Values(5)

Local Test Value: 214,302,040 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 218,495,930 (State Test Value minus Margin of Error Percent)
State Upper Limit: 246,045,304 (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