Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 4 · column 2 of 9 · from the scan, no model involved
value of property, based on 1975 assessments. The property tax as a per cent of total market value gives California's tax levy as 2.5 per cent of total market value compared with 0.9 per cent in Virginia, according to PD9 Executive Director John Capelle. Therefore, he concluded, a property tax limitation of one per cent is far more dramatic in terms of the reduction to the taxpayer and the loss of revenue to the local governments in California.
None of the five counties in PD9 comes close to the situation in California. In all cases, real property taxes would have to be INCREASED in order to achieve a one per cent assessment of full market value, with Rappahannock having the furthest to go.
76.7%