taxes Property Tax Assistance

2020 Confidence Interval Detail

Robertson County
198-903/Franklin ISD

Category Summary

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

Stratum
Variance
A 46,805,753 0.9146 51,176,201 11 440 0.026249604
A 50,076,696 1.0480 47,783,107 11 246 0.008424066
A 52,431,945 0.9622 54,491,732 11 191 0.005768161
A 58,944,257 1.0009 58,891,255 11 144 0.010820488
E 242,628,848 0.9545 254,194,707 24 2,122 0.036796895
G1 45,640,447 0.8802 51,852,360 10 270 0.185673397
G1 46,118,498 0.9616 47,960,168 8 34 0.007463663
G1 47,547,982 0.9931 47,878,343 6 14 0.000991856
G1 43,013,364 1.0364 41,502,667 3 4 0.000781017
Random Totals: 633,207,790 655,730,540 95 3,465
CATG D1 EXCEPTION VALUES: 20,415,042 15,971,978
CATG J EXCEPTION VALUES: 23,546,868 27,131,815
Total Test Values 677,169,700 698,834,333

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,941,717

Confidence Interval Values(5)

Local Test Value: 677,169,700 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 663,892,616 (State Test Value minus Margin of Error Percent)
State Upper Limit: 733,776,050 (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