taxes Property Tax Assistance

2022 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 135,481,873 1.0210 132,695,272 36 1,527 0.025063911
A 169,881,192 1.0233 166,013,087 57 1,207 0.007320581
A 227,744,739 0.9602 237,184,690 52 1,188 0.016023051
A 465,077,060 1.0029 463,732,237 61 1,513 0.008004773
E 157,835,567 0.9288 169,934,934 12 654 0.020205158
F1 79,395,407 0.9831 80,760,255 16 334 0.049199681
F1 84,402,483 0.9448 89,333,703 12 119 0.030250636
F1 83,135,268 1.0144 81,955,114 8 46 0.003945866
F1 103,973,812 0.9551 108,861,702 5 15 0.006291917
L1 26,351,803 0.9850 26,753,099 10 256 0.008865343
L1 26,161,711 1.0590 24,704,165 11 58 0.019457023
L1 27,310,445 1.0935 24,975,258 7 19 0.003397373
L1 31,556,044 1.0198 30,943,422 4 6 0.005948248
Random Totals: 1,618,307,404 1,637,846,938 291 6,942
CATG D1 EXCEPTION VALUES: 4,730,138 4,015,318
Total Test Values 1,623,037,542 1,641,862,256

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 82,093,113

Confidence Interval Values(5)

Local Test Value: 1,623,037,542 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,559,769,143 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,723,955,369 (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