taxes Property Tax Assistance

2021 Confidence Interval Detail

Cooke County
049-903/Valley View ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 24,357,872 0.9168 26,568,360 14 258 0.029658025
A 34,709,894 0.9764 35,548,847 15 208 0.016535886
A 38,179,076 1.0336 36,937,961 13 157 0.006283642
A 45,321,013 0.9919 45,691,111 15 99 0.002865856
E 185,495,525 0.9851 188,301,213 21 886 0.050548781
F1 26,920,684 0.9266 29,053,188 9 53 0.030836235
Random Totals: 354,984,064 362,100,680 87 1,661
CATG D1 EXCEPTION VALUES: 5,010,269 3,819,401
CATG J EXCEPTION VALUES: 170,526 197,123
Total Test Values 360,164,859 366,117,204

Margin of Error

Margin of Error Percent: 5.1387428
Margin of Error Value: 18,813,821

Confidence Interval Values(5)

Local Test Value: 360,164,859 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 347,303,383 (State Test Value minus Margin of Error Percent)
State Upper Limit: 384,931,025 (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