taxes Property Tax Assistance

2019 Confidence Interval Detail

Franklin County
080-901/Mount Vernon ISD

Category Summary

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

Stratum
Variance
A 175,261,940 0.8953 195,757,780 31 1479 0.041621774
A 174,747,590 0.8984 194,509,784 24 527 0.029996029
A 171,338,320 0.9280 184,631,810 18 320 0.024973847
A 186,079,570 0.9356 198,887,954 16 208 0.033123300
E 144,021,990 0.9098 158,300,714 23 1553 0.021714858
L1 4,122,342 1.1141 3,700,154 9 43 0.026096682
L1 3,666,340 0.9652 3,798,529 6 16 0.007089207
L1 1,354,260 0.9613 1,408,793 1 3 0.000000000
Random Totals: 860,592,352 940,995,518 128 4,149
CATG D1 EXCEPTION VALUES: 14,455,400 12,424,609
CATG L1 EXCEPTION VALUES: 53,382,320 53,333,692
Total Test Values(2) 928,430,072 1,006,753,819

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 50,337,691

Confidence Interval Values(5)

Local Test Value: 928,430,072 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 956,416,128 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,057,091,510 (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