taxes Property Tax Assistance

2020 Confidence Interval Detail

Cooke County
049-901/Gainesville ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 128,822,272 0.9464 136,118,208 28 1,939 0.059797210
A 149,180,629 0.9347 159,602,684 52 1,347 0.020915264
A 182,487,666 0.9633 189,440,118 59 1,152 0.004922031
A 185,790,798 0.9897 187,724,359 63 720 0.004643295
E 103,302,201 0.9467 109,118,201 12 621 0.060463388
F1 62,756,862 0.8949 70,127,234 10 308 0.038425085
F1 73,444,008 0.9516 77,179,496 10 115 0.020972840
F1 77,120,057 0.9080 84,933,983 8 40 0.007654525
F1 76,916,267 0.9357 82,201,846 5 10 0.008628861
L1 27,916,032 1.0304 27,092,422 11 244 0.003273856
L1 37,893,586 0.9965 38,026,679 10 60 0.006289479
L1 25,185,800 1.0028 25,115,477 5 9 0.000085340
Random Totals: 1,130,816,178 1,186,680,707 273 6,565
CATG D1 EXCEPTION VALUES: 4,402,960 2,867,546
CATG L1 EXCEPTION VALUES: 19,458,994 20,077,678
Total Test Values 1,154,678,132 1,209,625,931

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 60,481,297

Confidence Interval Values(5)

Local Test Value: 1,154,678,132 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,149,144,634 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,270,107,228 (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