taxes Property Tax Assistance

2023 Confidence Interval Detail

Anderson County
001-904/Frankston ISD

Category Summary

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

Stratum
Variance
A 21,337,005 0.9637 22,140,713 12 233 0.048845181
A 20,773,775 0.9493 21,883,256 12 123 0.054470087
A 24,839,947 0.9172 27,082,367 13 104 0.024991920
A 45,773,896 0.9239 49,544,210 14 118 0.023604678
E 160,871,437 1.0026 160,454,256 20 931 0.015002943
F1 4,841,275 1.0540 4,593,240 10 46 0.015520734
F1 5,305,100 0.9836 5,393,554 9 22 0.010737953
F1 5,841,575 0.9460 6,175,026 7 11 0.008550318
F1 9,495,389 0.9928 9,564,252 3 7 0.016101085
Random Totals: 299,079,399 306,830,874 100 1,595
CATG D1 EXCEPTION VALUES: 4,346,780 4,118,907
Total Test Values 303,426,179 310,949,781

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,547,489

Confidence Interval Values(5)

Local Test Value: 303,426,179 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 295,402,292 (State Test Value minus Margin of Error Percent)
State Upper Limit: 326,497,270 (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