taxes Property Tax Assistance

2024 Confidence Interval Detail

Henderson County
129-904/Kemp 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 33,505,138 0.5273 63,540,941 12 463 0.167435423
A 3 33,763,483 0.9565 35,298,989 12 183 0.064008243
A 4 23,454,806 1.2286 19,090,677 14 61 0.052162397
A 5 43,429,477 0.9805 44,293,194 12 55 0.035084966
E 0 159,281,927 1.0529 151,279,254 24 710 0.075556866
Random Totals: 293,434,831 313,503,055 74 1,472
CATG D1 EXCEPTION VALUES: 1,881,371 1,494,510
Total Test Values 295,316,202 314,997,565

Margin of Error

Margin of Error Percent: 7.3923033
Margin of Error Value: 23,285,575

Confidence Interval Values(5)

Local Test Value: 295,316,202 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 291,711,990 (State Test Value minus Margin of Error Percent)
State Upper Limit: 338,283,140 (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