Article LO6271-5 of the French General Code of Local Authorities
The charges mentioned in article LO 6271-4 are compensated by the transfer of taxes, the global operating grant instituted by article L. 6264-3, the global grant for school construction and equipment instituted by article L. 6264-5 and, for the balance, by the allocation of a global compensation grant entered in the State budget. The Finance Act specifies the amount of this grant each year. From the first year, it changes…