taxes Property Tax Assistance

2024 Confidence Interval Detail

Cooke County
049-908/Walnut Bend 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 0 6,391,910 1.0372 6,162,659 15 37 0.020520303
E 0 10,380,811 1.0549 9,840,564 20 69 0.043017447
G1 2 2,314,279 0.9764 2,370,216 7 21 0.010554917
Random Totals: 19,087,000 18,373,439 42 127
CATG D1 EXCEPTION VALUES: 977,838 872,785
CATG G1 EXCEPTION VALUES: 751,102 725,284
Total Test Values 20,815,940 19,971,508

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 998,575

Confidence Interval Values(5)

Local Test Value: 20,815,940 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 18,972,933 (State Test Value minus Margin of Error Percent)
State Upper Limit: 20,970,083 (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