taxes Property Tax Assistance

2024 Confidence Interval Detail

Henderson County
001-904/Frankston 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 35,933,695 1.1893 30,214,155 12 225 0.116332377
A 3 33,569,531 1.2006 27,960,629 12 108 0.061535064
A 4 41,567,862 1.3112 31,702,152 12 96 0.052361271
A 5 47,120,493 1.2270 38,403,010 12 58 0.043172853
E 0 87,353,501 1.1385 76,726,834 21 352 0.117353739
Random Totals: 245,545,082 205,006,780 69 839
CATG D1 EXCEPTION VALUES: 977,715 1,018,243
Total Test Values 246,522,797 206,025,023

Margin of Error

Margin of Error Percent: 6.9097720
Margin of Error Value: 14,235,859

Confidence Interval Values(5)

Local Test Value: 246,522,797 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 191,789,164 (State Test Value minus Margin of Error Percent)
State Upper Limit: 220,260,882 (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