taxes Property Tax Assistance

2024 Confidence Interval Detail

Cooke County
049-903/Valley View 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 60,280,068 0.9665 62,369,444 14 312 0.028851400
A 3 66,554,754 0.9782 68,037,982 13 215 0.001956576
A 4 65,169,959 1.0428 62,495,166 14 149 0.003377412
A 5 77,772,076 0.9485 81,994,809 13 108 0.009763404
E 0 339,862,952 0.9871 344,304,480 20 1,054 0.013642694
F1 2 50,093,279 1.0113 49,533,550 12 54 0.000492292
Random Totals: 659,733,088 668,735,431 86 1,892
CATG D1 EXCEPTION VALUES: 5,738,398 5,264,628
Total Test Values 665,471,486 674,000,059

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 33,700,003

Confidence Interval Values(5)

Local Test Value: 665,471,486 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 640,300,056 (State Test Value minus Margin of Error Percent)
State Upper Limit: 707,700,062 (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