F-2.1, r. 11 - Regulation respecting the equalization scheme

Section 61.2 Disposition versions

2016-06-23

61.2. For each of those fiscal years, eligibility of a municipality and any equalization amount to which the municipality is entitled are determined according to the following rules:

(1)  sections 4 to 32 are applied a first time with the adaptations provided for in the first paragraph of section 61.3 and any equalization amount resulting from the application is weighted in accordance with the second paragraph of that section;

(2)  sections 4 to 32 are applied a second time, separately and independently from the first application, and any equalization amount resulting from that application is weighted in accordance with section 61.4;

(3)   the total of both weighted amounts, obtained by applying the previous paragraphs, constitutes the equalization amount to which a municipality is entitled for the fiscal year concerned and is paid in accordance with section 33.

O.C. 416-2016, s. 5.