taxes Property Tax Assistance

2020 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 183,927,560 0.9776 188,141,939 39 1,515 0.019027765
A 176,531,210 0.9525 185,334,604 26 531 0.013048507
A 192,023,790 0.9938 193,221,765 18 351 0.015731215
A 239,240,690 0.9562 250,199,425 20 259 0.013198853
E 156,304,430 0.8987 173,922,811 20 1,562 0.052849880
L1 3,610,297 1.0343 3,490,570 9 41 0.015811316
L1 3,190,540 0.9958 3,203,997 7 15 0.018936586
L1 5,015,250 0.9747 5,145,257 5 8 0.003504595
Random Totals: 959,843,767 1,002,660,368 144 4,282
CATG D1 EXCEPTION VALUES: 13,903,633 10,759,407
CATG L1 EXCEPTION VALUES: 67,858,540 67,858,537
Total Test Values 1,041,605,940 1,081,278,312

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 54,063,916

Confidence Interval Values(5)

Local Test Value: 1,041,605,940 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,027,214,396 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,135,342,228 (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