taxes Property Tax Assistance

2024 Confidence Interval Detail

Henderson County
107-904/Cross Roads 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 20,517,851 0.7026 29,202,748 14 236 0.122871442
A 3 16,839,907 0.9593 17,554,370 12 99 0.186034980
A 4 12,172,566 1.0311 11,805,418 12 44 0.134404108
A 5 19,234,221 1.0354 18,576,609 12 36 0.088972272
E 0 280,767,950 1.0806 259,825,976 22 1,290 0.093287605
Random Totals: 349,532,495 336,965,121 72 1,705
CATG D1 EXCEPTION VALUES: 5,526,069 4,038,253
CATG J EXCEPTION VALUES: 239,494 255,801
Total Test Values 355,298,058 341,259,175

Margin of Error

Margin of Error Percent: 10.0490265
Margin of Error Value: 34,293,225

Confidence Interval Values(5)

Local Test Value: 355,298,058 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 306,965,950 (State Test Value minus Margin of Error Percent)
State Upper Limit: 375,552,400 (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