CHAPTER IV : Revenue

The local authority’s revenue from the operating section consists of that mentioned in articles L. 2331-1, L. 2331-2, L. 3332-1, L. 3332-2 and L. 4331-2 as well as those created by the local authority in the exercise of its powers.

Revenue from the investment section consists of that mentioned in articles L. 2331-5, L. 2331-6, L. 3332-3 and L. 4331-3 as well as those created by the local authority in the exercise of its powers.

En application de l’article LO 6371-5, une dotation globale de fonctionnement est instituée afin de contribuer à compenser les accroissements nets de charges de la collectivité de Saint-Martin résultant des transferts de compétences de l’Etat à son profit. This global operating allocation is determined under the conditions provided for in the first paragraph of Article L. 3334-1 and to article L. 3334-2, without application of article L. 3334-7-1. The flat-rate…

The local authority shall collect the proceeds of taxes of all kinds established on its territory in the exercise of the powers it holds under 1° of I of Article LO 6314-3.

In application of article LO 6371-5, a global grant for school construction and equipment is instituted in order to contribute to compensating for the net increases in charges for the collectivity of Saint-Martin resulting from the transfer of powers to it. In 2008, its amount is 2,653,706 euros. This amount corresponds to the average annual amount of funding allocated by the Guadeloupe region to the lycée on Saint-Martin and by…

The collectivity of Saint-Martin is eligible for the Value Added Tax Compensation Fund under the conditions set out in articles L. 1615-1 à L. 1615-12.

The collectivity of Saint-Martin benefits from the departments’ global equipment allocation.

The articles L. 2334-26 to L. 2334-30 and L. 2335-16 are applicable to the collectivity of Saint-Martin.