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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:14                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        070-908-070 Midlothian

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
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  1      A  - Single-family Residences        219,561,941    1.0071     218,014,041       14
  2      A  - Single-family Residences        219,654,388     .9918     221,470,446       14
  3      A  - Single-family Residences        219,561,941    1.0527     208,570,287       14
  4      A  - Single-family Residences        219,469,494    1.0315     212,767,323       14
  5      D  - Rural Real                       76,412,090     .8916      85,702,210       12

Random Totals:                                954,659,854               946,524,307       68
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       3,876,840                 3,674,157
 Other Exception Values:                                0                         0
Exception Totals(3):                            3,876,840                 3,674,157
Test Values(4):                               958,536,694               950,198,464

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     47,509,923
Confidence Interval Values:
  State Lower Limit:                                      902,688,541  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       958,536,694  (Within Confidence Interval Limits)
  State Upper Limit:                                      997,708,387  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,753,446,324  (See ISD Summary Worksheet)


Sources:

(1) See Stratified Ratio Detail Report VAL7214.
(2) Number of parcels sampled by staff.
(3) Exception value includes, if tested, D1, the J sample, and any parcels in A,B,C,D,F1,G or L1 marked as exception properties.
(4) Unstudied categories and sub-categories were not included in the test values.
(5) Includes local value of unstudied property categories and sub-categories.