taxes Property Tax Assistance

2024 Confidence Interval Detail

Clay County
039-905/Midway ISD

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 2,428,130 1.0550 2,301,545 9 44 0.006988852
A 3 3,451,090 1.0445 3,304,059 8 34 0.002154784
A 4 5,167,760 1.0063 5,135,407 7 34 0.005864977
A 5 6,624,490 0.9647 6,866,891 6 25 0.002252946
E 0 55,023,090 0.8697 63,266,747 20 461 0.122554455
G1 2 4,184,360 1.0217 4,095,488 9 61 0.001404016
G1 3 4,230,390 0.9873 4,284,807 7 20 0.000445853
G1 4 4,019,920 0.9913 4,055,200 6 12 0.000580838
G1 5 4,100,170 0.9956 4,118,290 5 7 0.000597503
Random Totals: 89,229,400 97,428,434 77 698
CATG D1 EXCEPTION VALUES: 10,502,660 8,210,744
CATG J EXCEPTION VALUES: 950 996
Total Test Values 99,733,010 105,640,174

Margin of Error

Margin of Error Percent: 9.1552961
Margin of Error Value: 9,671,671

Confidence Interval Values(5)

Local Test Value: 99,733,010 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 95,968,503 (State Test Value minus Margin of Error Percent)
State Upper Limit: 115,311,845 (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