taxes Property Tax Assistance

2020 Confidence Interval Detail

Henderson County
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 18,760,640 0.8683 21,606,173 15 467 0.118231786
A 29,598,210 0.8251 35,872,270 19 304 0.271460302
A 24,378,670 0.9971 24,449,574 16 123 0.031217222
A 28,199,110 0.9739 28,954,831 18 65 0.014469501
E 45,273,000 1.0655 42,489,911 21 402 0.037570872
Random Totals: 146,209,630 153,372,759 89 1,361
CATG D1 EXCEPTION VALUES: 2,022,370 1,893,062
CATG J EXCEPTION VALUES: 1,221,770 1,373,583
Total Test Values 149,453,770 156,639,404

Margin of Error

Margin of Error Percent: 6.3818032
Margin of Error Value: 9,996,418

Confidence Interval Values(5)

Local Test Value: 149,453,770 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 146,642,986 (State Test Value minus Margin of Error Percent)
State Upper Limit: 166,635,822 (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