taxes Property Tax Assistance

2023 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 49,138,731 0.8491 57,871,548 12 367 0.018238472
A 60,853,875 0.9443 64,443,371 12 244 0.031986366
A 73,690,839 0.9479 77,741,153 12 216 0.017690485
A 127,466,261 0.9566 133,249,280 14 232 0.018470703
E 354,142,161 0.7788 454,727,993 21 2,132 0.070516167
G1 90,398,920 1.0035 90,083,627 10 287 0.000473095
G1 90,766,036 1.0101 89,858,465 9 51 0.000438726
G1 93,393,933 0.9988 93,506,140 7 18 0.000168348
G1 85,244,571 0.9990 85,329,901 3 4 0.000217557
Random Totals: 1,025,095,327 1,146,811,478 100 3,551
CATG D1 EXCEPTION VALUES: 28,396,276 19,574,077
CATG J EXCEPTION VALUES: 34,726,197 36,071,390
Total Test Values 1,088,217,800 1,202,456,945

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 60,122,847

Confidence Interval Values(5)

Local Test Value: 1,088,217,800 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,142,334,098 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,262,579,792 (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