taxes Property Tax Assistance

2016 Confidence Interval Detail

107/Henderson
129-904/Kemp ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 17,849,440 1.0302 17,326,189 10 496 .072690365
A 18,330,850 0.9899 18,517,881 11 229 .053279408
A 18,494,080 0.9401 19,672,460 10 111 .030812281
A 18,756,070 0.9869 19,005,036 8 48 .018239385
C1 1,345,560 1.0054 1,338,333 12 197 .188398375
C1 1,342,140 0.9029 1,486,477 9 51 .017517140
C1 1,313,750 1.0135 1,296,251 8 15 .012214896
E 30,948,980 1.0478 29,537,106 15 430 .073204323
Random Totals: 108,380,870   108,179,733 83 1,577  
Catg D1 Exception Values: 1,972,192   1,934,972      
Catg C1 Exception Values: 1,249,580   1,346,368      
Total Test Values (4): 111,602,642   111,461,073      

Margin of Error

Margin of Error Percent: 5.5409973
Margin of Error Value: 6,176,055

Confidence Interval Values (5)

State Lower Limit: 105,285,018 (State Test Value minus Margin of Error Percent)
Local Test Value: 111,602,642 (Within Confidence Interval)
State Upper Limit: 117,637,128 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 94,172,050 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories