taxes Property Tax Assistance

2017 Confidence Interval Detail

080/Franklin
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 148,380,580 0.9960 148,976,486 43 1,420 .030105979
A 155,030,500 0.9233 167,909,130 23 547 .033255723
A 155,117,740 1.0263 151,142,687 15 323 .015964541
A 189,250,990 1.0864 174,200,101 16 234 .295240297
E 131,137,410 0.8968 146,228,156 17 2,046 .067400362
L1 5,073,330 0.9882 5,133,910 7 30 .004957060
L1 4,629,640 0.9840 4,704,919 4 9 .001076325
L1 2,474,100 0.9771 2,532,085 2 2 .000023321
Random Totals: 791,094,290   800,827,474 127 4,611  
Catg J Exception Values: 759,690   1,048,707      
Catg D1 Exception Values: 14,310,170   12,375,908      
Catg L1 Exception Values: 61,167,220   61,172,223      
Total Test Values (4): 867,331,370   875,424,312      

Margin of Error

Margin of Error Percent: 5.9113949
Margin of Error Value: 51,749,788

Confidence Interval Values (5)

State Lower Limit: 823,674,524 (State Test Value minus Margin of Error Percent)
Local Test Value: 867,331,370 (Within Confidence Interval)
State Upper Limit: 927,174,100 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 987,717,622 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories