85. The payment of the intermunicipal transit corporation’s operating deficits, if any, including those resulting from the payment of interest on and amortization of its loans, shall be charged to the municipality whose territory is subject to the jurisdiction of the corporation.
Such deficits shall be apportioned among the municipalities concerned in proportion to the number of kilometres covered in the territory of each during the preceding fiscal year, or to the total number of hours during which each vehicle of the corporation circulated in the territory of each during the preceding fiscal year, or to their population, or to the total valuation of the taxable immoveables situated in each of such municipalities, or on the basis of any other formula determined by government regulation, or according to several of such criteria taken together.
The number of kilometres covered and hours spent by the corporation’s vehicles within the territory of each municipality may be determined by verification.
To determine the total valuation of the taxable immoveables situated in a municipality, for the purposes of this section, the values entered on the assessment roll of that municipality are multiplied by the factor established for that roll by the Minister of Municipal Affairs under the Act respecting municipal taxation (chapter F-2.1). In addition, the second paragraph of subarticle 6 of article 681 of the Municipal Code (chapter C-27.1) applies, mutatismutandis, to the case provided for by this section.
The corporation shall not be required to apportion the operating deficits, if any, connected with the various means of public transport or the operating deficits, if any, connected with various lines of a single means of public transport, among the same municipalities or according to the same criteria.
1977, c. 64, s. 85; 1979, c. 72, s. 329; 1984, c. 47, s. 213.