taxes Property Tax Assistance

2024 Confidence Interval Detail

Cooke County
049-909/Sivells 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 2 55,830,473 1.1321 49,315,849 12 153 0.034435576
A 3 44,938,999 1.0528 42,685,219 13 68 0.004383493
A 4 54,778,775 1.0289 53,240,135 13 58 0.022109856
A 5 112,985,552 1.0207 110,694,182 14 70 0.009220102
C1 2 3,101,637 0.9354 3,315,840 9 45 0.014137675
C1 3 7,767,454 1.0335 7,515,679 10 47 0.038296104
C1 4 5,067,679 1.0026 5,054,537 6 13 0.030510102
C1 5 6,813,186 0.9292 7,332,314 5 9 0.015479198
E 0 42,278,409 0.9444 44,767,481 10 199 0.022925246
G1 2 10,784,117 1.0137 10,638,371 7 22 0.002187112
Random Totals: 344,346,281 334,559,607 99 684
CATG D1 EXCEPTION VALUES: 3,985,192 3,511,253
CATG G1 EXCEPTION VALUES: 6,375,747 6,159,869
Total Test Values 354,707,220 344,230,729

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,211,536

Confidence Interval Values(5)

Local Test Value: 354,707,220 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 327,019,193 (State Test Value minus Margin of Error Percent)
State Upper Limit: 361,442,265 (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