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 1.0002 281,234,449 46 1,464 0.024209868
A 256,425,355 0.9097 281,879,032 17 572 0.063360455
A 317,959,878 0.8501 374,026,442 13 424 0.046836106
A 420,091,590 0.8010 524,458,914 12 324 0.039050177
E 338,620,478 0.9687 349,561,761 35 1,933 0.084690797
Random Totals: 1,614,387,997 1,811,160,598 123 4,717
CATG D1 EXCEPTION VALUES: 14,734,878 14,975,632
Total Test Values 1,629,122,875 1,826,136,230

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 91,306,812

Confidence Interval Values(5)

Local Test Value: 1,629,122,875 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,734,829,418 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,917,443,042 (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