C-27.1 - Municipal Code of Québec

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614. Any deficit in a fiscal period must be entered under expenditures in the budget of the following fiscal period.
Any surplus may:
(1)  be entered under revenue in the budget of the following fiscal period, or
(2)  be paid to the municipal corporations in whose territory the management board has jurisdiction, in the proportion determined under article 574.
1979, c. 83, s. 2.