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 3 of 9 · from the scan, no model involved
To the editor: Bill Lyne’s Letter to the Editor, published February 26, 1981 certainly was helpful in dispelling some confusion over the reported "2115 percent increase" in the worth of real estate in this county. But I think Bill might have deflated even further the exaggerated figure, which was immediately seized upon to urge upon the county dramatically increased public expenditures.
An increase of SI 28 million to S245 million represents a 91 percent increase, not a “191 percent increase". We do indeed multiply any given number by 1.91 to increase it by 91 percent but the 1 before the decimal only keeps us on square one, i.e., preserves the quantity with which we start and in which we want to compute the percentage increase. The two digits following the decimal will represent the percentage increase. When we double a number, we increase it by 100 percent; clearly, S245 million is not quite double $128 million, so we are not increasing by as much as 100 percent.
While "21 cents per hundred" as a tax rate under the new valuation system may
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84.2%