taxes Property Tax Assistance

2022 Confidence Interval Detail

Clay County
039-903/Petrolia CISD

Category Summary

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

Stratum
Variance
A 17,209,150 0.8627 19,948,012 15 301 0.092235411
A 21,370,920 0.9534 22,415,481 15 194 0.018361600
A 23,140,010 0.8603 26,897,605 15 136 0.080665419
A 50,772,240 1.0499 48,359,120 15 159 0.025183969
E 53,121,630 0.9305 57,089,339 20 389 0.098584313
Random Totals: 165,613,950 174,709,557 80 1,179
CATG D1 EXCEPTION VALUES: 13,627,150 11,351,147
CATG J EXCEPTION VALUES: 28,052,990 29,138,319
Total Test Values 207,294,090 215,199,023

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,759,951

Confidence Interval Values(5)

Local Test Value: 207,294,090 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 204,439,072 (State Test Value minus Margin of Error Percent)
State Upper Limit: 225,958,974 (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