taxes Property Tax Assistance

2022 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 28,575,921 0.7999 35,724,367 10 243 0.011778609
A 20,734,778 0.8344 24,849,926 9 53 0.027996318
A 33,335,135 0.9573 34,822,036 9 65 0.003273858
A 74,356,278 1.0499 70,822,248 9 98 0.011155529
E 121,310,946 0.9887 122,697,427 20 302 0.017976231
Random Totals: 278,313,058 288,916,004 57 761
CATG D1 EXCEPTION VALUES: 929,130 761,056
Total Test Values 279,242,188 289,677,060

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,483,853

Confidence Interval Values(5)

Local Test Value: 279,242,188 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 275,193,207 (State Test Value minus Margin of Error Percent)
State Upper Limit: 304,160,913 (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