taxes Property Tax Assistance

2020 Confidence Interval Detail

Cooke County
061-903/Pilot Point ISD

Category Summary

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

Stratum
Variance
A 20,122,409 0.8892 22,629,790 15 201 0.022263215
A 23,900,476 1.0122 23,612,405 15 75 0.002366712
A 23,068,344 0.9485 24,320,869 15 53 0.007460205
A 25,950,689 0.9924 26,149,425 15 44 0.004590066
E 82,242,314 0.9838 83,596,579 20 302 0.022265915
Random Totals: 175,284,232 180,309,068 80 675
CATG D1 EXCEPTION VALUES: 873,022 531,974
Total Test Values 176,157,254 180,841,042

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,042,052

Confidence Interval Values(5)

Local Test Value: 176,157,254 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 171,798,990 (State Test Value minus Margin of Error Percent)
State Upper Limit: 189,883,094 (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