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 7 · column 5 of 9 · from the scan, no model involved
If appraisals fail to reach at least 70 per cent of fair market value, based on sales, the county will lose its share of ABC revenue—a total of $35,000 in 1979—for at least three years while the state determines if the underappraisal has been corrected.
During the three year period, a total penalty of 48 per cent interest will be charged. “That’s almost onehalf of one year’s ABC revenue." Jordan pointed out.
The state requires reassessment at 100 per cent fair market value in order to achieve uniform taxation, not
90.7%