F-2.1 - Act respecting municipal taxation

Section 261.5.15 Disposition versions

2007-01-01

261.5.15. The standardized aggregate taxation rate for the current fiscal year is the rate established using as a divisor, for the purposes of the division under section 261.5.1, the product obtained by multiplying the following amounts by the comparative factor established for the fiscal year under section 264 in respect of the property assessment roll:

(1)  the total of the values referred to in paragraph 2 of section 261.5.11, in the case of the standardized projected aggregate taxation rate; and

(2)  the average of the totals of the values referred to in subparagraph 2 of the first paragraph of section 261.5.12, taking into account sections 261.5.13 and 261.5.14, in the case of the standardized effective aggregate taxation rate.

If the product obtained as a result of the multiplication under the first paragraph is a decimal number, the decimal part is dropped and the integer is increased by 1 if the first decimal digit is greater than 4.

2006, c. 31, s. 100.