2. The amount of the estimated contribution for all police services for a given municipal fiscal year is the product obtained by multiplying the municipality’s standardized property value established for the second preceding fiscal year in accordance with the regulation made under paragraph 7 of section 262 of the Municipal Taxation Act (chapter F-2.1), by the rate applicable to the municipality for that fiscal year under Subdivision 2.
Notwithstanding the preceding, where the municipality receives police services for only part of the fiscal year, the amount of the estimated contribution is the part of the amount calculated in accordance with the first paragraph that corresponds to the part of the year, calculated on the basis of days, during which it receives such services.
In the case of a municipality existing on 1 January of the fiscal year for which the estimated contribution is payable and resulting from an amalgamation or a total annexation, the total of the standardized property values established for the second preceding fiscal year of the municipalities whose territories were amalgamated or annexed is deemed to constitute the standardized property value of the municipality for the preceding year where it is impossible to establish such value because of a recent amalgamation or annexation.
O.C. 497-2002, s. 2; O.C. 1106-2006, s. 2.