taxes Property Tax Assistance

2024 Confidence Interval Detail

Cooke County
061-903/Pilot Point 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 78,435,475 0.9970 78,671,489 34 341 0.002428382
A 3 38,574,142 1.0075 38,286,990 14 68 0.014000965
A 4 55,082,441 1.0862 50,711,141 13 72 0.003527885
A 5 60,121,574 1.1124 54,046,722 12 54 0.002995785
E 0 162,637,001 1.0316 157,655,100 21 362 0.046683371
Random Totals: 394,850,633 379,371,442 94 897
CATG D1 EXCEPTION VALUES: 927,064 826,613
Total Test Values 395,777,697 380,198,055

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,009,903

Confidence Interval Values(5)

Local Test Value: 395,777,697 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 361,188,152 (State Test Value minus Margin of Error Percent)
State Upper Limit: 399,207,958 (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