taxes Property Tax Assistance

2024 Confidence Interval Detail

Cooke County
049-901/Gainesville ISD

Category Summary

(1)
Category 		(1)
Stratum
Number 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2 229,916,284 0.9519 241,534,073 28 1,772 0.016549247
A 3 281,528,471 0.9632 292,284,542 44 1,396 0.009113721
A 4 343,005,003 1.0217 335,719,882 48 1,261 0.004443525
A 5 297,382,426 1.0342 287,548,275 25 717 0.005240329
E 0 209,411,662 1.1307 185,205,326 9 804 0.014633202
F1 2 98,667,546 0.9832 100,353,485 10 315 0.000868282
F1 3 98,177,110 1.0426 94,165,653 10 112 0.005000890
F1 4 104,198,444 0.9987 104,334,078 8 45 0.001483698
F1 5 116,676,298 1.0223 114,131,173 6 13 0.002725125
L1 2 35,052,783 1.0443 33,565,817 12 289 0.016733812
L1 3 30,793,860 1.0777 28,573,685 9 50 0.006648527
L1 4 35,650,964 1.0494 33,972,712 7 17 0.010239022
Random Totals: 1,880,460,851 1,851,388,701 216 6,791
CATG D1 EXCEPTION VALUES: 5,065,887 4,595,977
CATG L1 EXCEPTION VALUES: 91,939,445 90,102,958
Total Test Values 1,977,466,183 1,946,087,636

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 97,304,382

Confidence Interval Values(5)

Local Test Value: 1,977,466,183 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,848,783,254 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,043,392,018 (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