taxes Property Tax Assistance

2024 Confidence Interval Detail

Clay County
039-903/Petrolia CISD

Category Summary

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

Stratum
Variance
A 2 27,258,710 0.8988 30,327,893 12 362 0.066522934
A 3 31,833,865 0.9836 32,364,645 12 224 0.008352146
A 4 31,452,410 1.0920 28,802,573 12 137 0.016149396
A 5 45,415,950 1.0396 43,685,985 12 122 0.008856202
E 0 65,672,840 0.9452 69,480,364 22 414 0.130098185
Random Totals: 201,633,775 204,661,460 70 1,259
CATG D1 EXCEPTION VALUES: 12,442,253 10,536,407
CATG J EXCEPTION VALUES: 1,404,860 1,435,750
Total Test Values 215,480,888 216,633,617

Margin of Error

Margin of Error Percent: 5.4436293
Margin of Error Value: 11,792,731

Confidence Interval Values(5)

Local Test Value: 215,480,888 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 204,840,886 (State Test Value minus Margin of Error Percent)
State Upper Limit: 228,426,348 (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