taxes Property Tax Assistance

2022 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 253,097,877 0.9036 280,099,465 44 1,619 0.186677820
A 219,343,380 0.9970 220,003,390 20 579 0.039185528
A 261,794,460 0.7618 343,652,481 21 413 0.055453806
A 387,106,250 0.8362 462,935,004 15 353 0.075943474
E 260,064,700 0.9212 282,310,790 20 1,706 0.048783351
L1 3,991,060 1.0761 3,708,819 10 33 0.010832701
L1 3,665,440 1.0025 3,656,299 7 15 0.001492492
L1 5,461,525 0.9925 5,502,796 4 8 0.000644596
L1 2,885,880 1.0418 2,770,162 2 3 0.000010005
Random Totals: 1,397,410,572 1,604,639,206 143 4,729
CATG D1 EXCEPTION VALUES: 13,763,120 2,914,646
CATG L1 EXCEPTION VALUES: 76,386,900 76,386,900
Total Test Values 1,487,560,592 1,683,940,752

Margin of Error

Margin of Error Percent: 5.1298204
Margin of Error Value: 86,383,136

Confidence Interval Values(5)

Local Test Value: 1,487,560,592 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,597,557,616 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,770,323,888 (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