taxes Property Tax Assistance

2023 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 31,486,995 0.7595 41,457,531 12 476 0.104927049
A 35,839,359 0.8880 40,359,639 12 216 0.248443607
A 34,461,229 1.0861 31,729,333 12 103 0.023831301
A 45,101,981 1.0209 44,178,647 12 67 0.011117488
E 98,364,183 0.9641 102,026,951 20 582 0.134036553
Random Totals: 245,253,747 259,752,101 68 1,444
CATG D1 EXCEPTION VALUES: 1,843,797 1,526,179
Total Test Values 247,097,544 261,278,280

Margin of Error

Margin of Error Percent: 8.2631252
Margin of Error Value: 21,589,751

Confidence Interval Values(5)

Local Test Value: 247,097,544 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 239,688,529 (State Test Value minus Margin of Error Percent)
State Upper Limit: 282,868,031 (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