C-37.02 - Act respecting the Communauté métropolitaine de Québec

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165. During a fiscal year, the Community on report of the treasurer may appropriate an estimated budget surplus for the current fiscal year, or a surplus for the preceding fiscal year, to expenditures for the current fiscal year or for a subsequent fiscal year it shall determine.
The appropriation of a surplus to expenditures for a fiscal year amends the budget for that fiscal year accordingly.
Any surplus that has not been appropriated to a specific purpose, or any deficit for a fiscal year shall be entered in the revenues or expenditures for the fiscal year following that in which the auditor makes a report for the first mentioned fiscal year.
2000, c. 56, Sch. VI, s. 165.