taxes Property Tax Assistance

2024 Confidence Interval Detail

Henderson County
107-908/Murchison 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 3,512,059 0.8501 4,131,348 13 39 0.145832669
A 3 5,794,570 0.9266 6,253,583 13 35 0.041539956
A 4 6,070,233 1.2356 4,912,782 12 26 0.021813231
E 0 56,706,261 1.0265 55,242,339 21 265 0.114642609
Random Totals: 72,083,123 70,540,052 59 365
CATG A EXCEPTION VALUES: 4,318,887 3,222,709
CATG D1 EXCEPTION VALUES: 583,155 432,185
CATG J EXCEPTION VALUES: 4,691,038 4,919,763
Total Test Values 81,676,203 79,114,709

Margin of Error

Margin of Error Percent: 9.9750056
Margin of Error Value: 7,891,697

Confidence Interval Values(5)

Local Test Value: 81,676,203 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 71,223,012 (State Test Value minus Margin of Error Percent)
State Upper Limit: 87,006,406 (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