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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:23                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        099-902-099 Chillicothe

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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          1,586,306    1.0006       1,585,355        8
  2      A  - Single-family Residences          1,595,672     .9974       1,599,832        6
  3      A  - Single-family Residences          1,586,975     .8585       1,848,544        7
  4      A  - Single-family Residences          1,592,327     .8986       1,772,009        6
  5      D  - Rural Real                        5,628,350     .8973       6,272,540       12
  6      G  - Oil, Gas, Minerals               35,801,280     .9627      37,188,408       40

Random Totals:                                 47,790,910                50,266,688       79
 Cat J Exception Values:                        5,585,421                 5,692,142
 Cat D1 Exception Values:                      11,556,070                12,737,209
 Other Exception Values:                                0                         0
Exception Totals(3):                           17,141,491                18,429,351
Test Values(4):                                64,932,401                68,696,039

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,434,802
Confidence Interval Values:
  Local Test Value:                                        64,932,401  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                       65,261,237  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                       72,130,841  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        71,442,169  (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.