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 5 · column 3 of 6 · from the scan, no model involved

The clipping this text was read from
The clipping this text was read from

used to arrive at the $30,000 profit margin for the Authority. “If there’s a different formula that has to be used I think we should tell them because they figure then that there will only be a 30day period in which the fund would be reduced,” Jamieson said.

Gearhart replied that the time should be 60 days instead of 30. "They’re playing the floater, or what we used to call the float on a check,” Gernhart said. "They’re saying you approve the bill the first of the month, but that money stays in there drawing interest and they pay it the 30th. The contract says something different from that.”

The contract states that payment of a bill will be due within 10 clays of when the WSA receives the bill. “Then there would roughly be a 46 to 50 day

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