taxes Property Tax Assistance

2023 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 281,290,696 1.0442 269,383,926 45 1,464 0.012844301
A 256,425,355 0.9456 271,177,406 17 572 0.054476973
A 317,959,878 0.8823 360,376,151 13 424 0.040129059
A 420,091,590 0.8479 495,449,452 12 324 0.029533753
E 338,620,478 0.9797 345,636,907 34 1,933 0.084283220
Random Totals: 1,614,387,997 1,742,023,842 121 4,717
CATG D1 EXCEPTION VALUES: 14,734,878 14,975,632
Total Test Values 1,629,122,875 1,756,999,474

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 87,849,974

Confidence Interval Values(5)

Local Test Value: 1,629,122,875 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,669,149,500 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,844,849,448 (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