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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:52                                      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        219,677,931    1.0071     218,129,214       14
  2      A  - Single-family Residences        219,770,427     .9918     221,587,444       14
  3      A  - Single-family Residences        219,677,931    1.0527     208,680,470       14
  4      A  - Single-family Residences        219,585,435    1.0315     212,879,724       14
  5      D  - Rural Real                       80,885,980     .8916      90,720,031       12

Random Totals:                                959,597,704               951,996,883       68
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       3,856,860                 3,669,253
 Other Exception Values:                                0                         0
Exception Totals(3):                            3,856,860                 3,669,253
Test Values(4):                               963,454,564               955,666,136

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     47,783,307
Confidence Interval Values:
  State Lower Limit:                                      907,882,829  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       963,454,564  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,003,449,443  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     2,191,091,054  (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.