taxes Property Tax Assistance

2018 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 18,372,000 0.6996 26,260,720 20 514 .200588426
A 19,771,870 0.8559 23,100,678 19 244 .111371565
A 19,205,640 0.9910 19,380,061 21 112 .028518009
A 19,416,410 0.9613 20,198,076 16 49 .016857555
E 31,831,970 0.8865 35,907,468 24 388 .068669416
Random Totals: 108,597,890   124,847,003 100 1,307  
Catg D1 Exception Values: 2,035,340   2,085,257      
Total Test Values (4): 110,633,230   126,932,260      

Margin of Error

Margin of Error Percent: 5.7877288
Margin of Error Value: 7,346,495

Confidence Interval Values (5)

Local Test Value: 110,633,230 (Outside Confidence Interval)
State Lower Limit: 119,585,765 (State Test Value minus Margin of Error Percent)
State Upper Limit: 134,278,755 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 98,953,039 (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, 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
(6) Includes local value of unstudied property categories and sub-categories