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S-36 - Act respecting grants to school boards
Section 3
Disposition versions
3. Every board shall receive each year a grant to assist it in paying the teachers’ salaries.
In the case of a board other than a regional school board, such grant shall be based on the percentage of its revenue from real estate taxes derived from companies and, in the case of a regional school board, it shall be based on the percentage of such revenue for all of the boards which are members thereof.
The financial statement required by the Education Act (chapter I-14) and furnished for the preceding year shall be used to determine such percentage.
The grant shall vary from $75 to $10 per pupil of the elementary or secondary course according to the following table:
Percentage
of taxes Grant per
from companies pupil
----------------------------------
less than 10% ............... $75
10% to 12% .................. 73
12% to 14% .................. 70
14% to 16% .................. 68
16% to 18% .................. 66
18% to 20% .................. 63
20% to 22% .................. 61
22% to 24% .................. 59
24% to 26% .................. 56
26% to 28% .................. 54
28% to 30% .................. 52
30% to 32% .................. 49
32% to 34% .................. 47
34% to 36% .................. 45
36% to 38% .................. 42
38% to 40% .................. 40
40% to 42% .................. 38
42% to 44% .................. 35
44% to 46% .................. 33
46% to 48% .................. 31
48% to 50% .................. 28
50% to 52% .................. 26
52% to 54% .................. 24
54% to 56% .................. 21
56% to 58% .................. 19
58% to 60% .................. 17
60% to 62% .................. 14
62% to 64% .................. 12
64% and more ................ 10
of taxes Grant per
from companies pupil
----------------------------------
less than 10% ............... $75
10% to 12% .................. 73
12% to 14% .................. 70
14% to 16% .................. 68
16% to 18% .................. 66
18% to 20% .................. 63
20% to 22% .................. 61
22% to 24% .................. 59
24% to 26% .................. 56
26% to 28% .................. 54
28% to 30% .................. 52
30% to 32% .................. 49
32% to 34% .................. 47
34% to 36% .................. 45
36% to 38% .................. 42
38% to 40% .................. 40
40% to 42% .................. 38
42% to 44% .................. 35
44% to 46% .................. 33
46% to 48% .................. 31
48% to 50% .................. 28
50% to 52% .................. 26
52% to 54% .................. 24
54% to 56% .................. 21
56% to 58% .................. 19
58% to 60% .................. 17
60% to 62% .................. 14
62% to 64% .................. 12
64% and more ................ 10
