taxes Property Tax Assistance

2021 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 55,423,291 0.7617 72,762,624 12 466 0.135322663
A 48,098,249 0.9157 52,526,208 11 224 0.071090215
A 56,436,359 0.8325 67,791,422 12 198 0.063650447
A 44,334,795 0.9125 48,586,077 10 103 0.016374286
E 258,365,144 0.9410 274,564,446 24 2,037 0.060838019
G1 42,280,735 0.9796 43,161,224 10 262 0.000474403
G1 42,286,291 0.9715 43,526,805 8 38 0.004180142
G1 42,131,359 0.9776 43,096,726 6 15 0.000962204
G1 41,301,958 0.9415 43,868,251 4 5 0.000390639
Random Totals: 630,658,181 689,883,783 97 3,348
CATG D1 EXCEPTION VALUES: 22,073,689 16,345,227
CATG J EXCEPTION VALUES: 27,877,307 29,470,689
Total Test Values 680,609,177 735,699,699

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 36,784,985

Confidence Interval Values(5)

Local Test Value: 680,609,177 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 698,914,714 (State Test Value minus Margin of Error Percent)
State Upper Limit: 772,484,684 (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