taxes Property Tax Assistance

2022 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 26,824,138 0.9379 28,600,211 10 236 0.131567079
A 32,071,000 1.0120 31,690,711 6 168 0.015049062
A 58,497,132 0.8866 65,979,170 15 205 0.065153509
A 86,676,674 0.9903 87,525,673 9 158 0.025429397
E 263,850,853 1.0164 259,593,519 22 871 0.035410066
F1 34,585,083 0.9889 34,973,286 10 56 0.000831311
Random Totals: 502,504,880 508,362,570 72 1,694
CATG D1 EXCEPTION VALUES: 5,255,284 4,554,729
CATG J EXCEPTION VALUES: 23,727,944 25,037,277
Total Test Values 531,488,108 537,954,576

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 26,897,729

Confidence Interval Values(5)

Local Test Value: 531,488,108 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 511,056,847 (State Test Value minus Margin of Error Percent)
State Upper Limit: 564,852,305 (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