taxes Property Tax Assistance

2022 Confidence Interval Detail

Cooke County
049-908/Walnut Bend ISD

Category Summary

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

Stratum
Variance
A 5,839,465 0.9215 6,336,913 12 36 0.020800074
E 7,592,755 0.9896 7,672,550 14 53 0.342375036
G1 2,705,920 0.9971 2,713,790 8 27 0.003460354
Random Totals: 16,138,140 16,723,253 34 116
CATG D1 EXCEPTION VALUES: 963,493 807,166
CATG G1 EXCEPTION VALUES: 1,051,164 1,091,294
Total Test Values 18,152,797 18,621,713

Margin of Error

Margin of Error Percent: 11.5025236
Margin of Error Value: 2,141,967

Confidence Interval Values(5)

Local Test Value: 18,152,797 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 16,479,746 (State Test Value minus Margin of Error Percent)
State Upper Limit: 20,763,680 (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