taxes Property Tax Assistance

2021 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 205,701,140 0.8390 245,174,184 17 1,524 0.146763913
A 206,362,780 0.7496 275,297,199 16 566 0.068604715
A 203,344,280 1.0201 199,337,594 16 340 0.061202127
A 242,996,450 1.1434 212,520,946 15 242 0.168320329
E 170,328,160 0.5985 284,591,746 20 1,574 0.879863614
L1 14,718,910 1.0186 14,450,137 9 53 0.006612654
Random Totals: 1,043,451,720 1,231,371,806 93 4,299
CATG D1 EXCEPTION VALUES: 14,495,915 12,696,728
CATG L1 EXCEPTION VALUES: 56,137,570 56,137,565
Total Test Values 1,114,085,205 1,300,206,099

Margin of Error

Margin of Error Percent: 10.7594888
Margin of Error Value: 139,895,530

Confidence Interval Values(5)

Local Test Value: 1,114,085,205 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,160,310,569 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,440,101,629 (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