134. The director general, under the direction of the Council, shall draw up the budget of the Community and deposit it in the office of the secretary of the Community. The secretary shall transmit a copy of the budget and of that of the Transit Commission to each municipality and each member of the Council, not later than 15 October.
Not later than 15 September each year, the treasurer shall determine in a certificate the appropriations he considers necessary for the next fiscal year for payment of the interest on securities issued or to be issued by the Community, for repayment or redemption of such securities and for the requirements of their sinking funds and any other charge related to the debt of the Community, except, however, the amounts required in principal, interest and accessories in relation to the issue of treasury bills, loans contracted in anticipation of revenue and renewable loans falling due during the fiscal year covered by the budget. The treasurer shall also determine in such certificate the appropriations necessary to meet, during the next fiscal year, the obligations undertaken by the Community during previous fiscal years. The treasurer may amend the certificate until 31 December preceding the fiscal year to which it applies, if the appropriations mentioned therein have not been adopted by the Council. The treasurer shall file such amendment with the office of the secretary. The secretary shall give notice of the amendment to the Council at the first meeting following the filing.
The treasurer shall also include in the certificate contemplated in the second paragraph the appropriations necessary, during the next fiscal year, to pay the obligations of the Community under the collective agreements then in force, or, under legislative or regulatory provisions adopted by the Gouvernement du Québec or the Government of Canada or one of its ministers or bodies.
The amounts shown in the certificate shall be included in the budget of the Community for the fiscal year covered by the budget.
The budget shall also appropriate an amount of a least 11/2% of the expenses of the Community to cover expenditures not provided for in the budget, the settlement of claims and the payment entailed by court sentences.
The second, third, fourth and fifth paragraphs apply mutatis mutandis with respect to the budget of the Transit Commission. However, in respect of that budget, the certificate contemplated in the second paragraph or an amendment to it is transmitted to the office of the secretary of the Community by the treasurer of the Transit Commission, within the period provided in the said paragraph.
1969, c. 85, s. 172; 1975, c. 90, s. 26; 1983, c. 29, s. 47.