taxes Property Tax Assistance

2024 Confidence Interval Detail

Cooke County
049-906/Era 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 14,302,085 0.9449 15,136,083 10 98 0.023383192
A 3 18,204,911 0.9365 19,439,307 9 74 0.014042310
A 4 23,385,283 0.9965 23,467,419 10 66 0.010284643
A 5 29,483,125 0.9918 29,726,885 9 56 0.014065446
E 0 191,225,854 1.0321 185,278,417 23 779 0.008261061
G1 2 4,018,062 1.0241 3,923,506 9 83 0.004128201
G1 3 4,230,398 1.0035 4,215,643 7 21 0.000343223
G1 4 4,912,423 1.0236 4,799,163 4 6 0.000765363
Random Totals: 289,762,141 285,986,423 81 1,183
CATG D1 EXCEPTION VALUES: 10,624,818 9,686,083
CATG G1 EXCEPTION VALUES: 2,836,763 2,760,795
CATG J EXCEPTION VALUES: 261,193 273,918
Total Test Values 303,484,915 298,707,219

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,935,361

Confidence Interval Values(5)

Local Test Value: 303,484,915 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 283,771,858 (State Test Value minus Margin of Error Percent)
State Upper Limit: 313,642,580 (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