2001-2002 tax revenue 
12. (1) The 2001-2002 tax revenue of a district school board is determined as follows: 1. Add, i. 38 per cent of the total of the amounts distributed to the board in respect of the 2001 calendar year under subsections 237 (12) and 238 (2), section 239, subsection 240 (5), sections 250 and 251 and subsections 257.8 (2) and 257.9 (1) of the Act, under subsections 421 (3), 442.1 (11.3) and 442.5 (23) and sections 447.20 and 447.52 of the Municipal Act and under section 10 of Ontario Regulation 509/98, ii. 62 per cent of the total of the amounts distributed to the board in respect of the 2002 calendar year under subsections 237 (12) and 238 (2), section 239, subsection 240 (5), sections 250 and 251 and subsections 257.8 (2) and 257.9 (1) of the Act, under subsections 421 (3), 442.1 (11.3) and 442.5 (23) and 442.8 (16) and sections 447.20 and 447.52 of the Municipal Act and under section 10 of Ontario Regulation 509/98, iii. 38 per cent of the total of the amounts, if any, referred to in subsection 442.5 (23) of the Municipal Act, as made applicable by section 257.12.3 of the Act, that are paid to the board in respect of the 2001 calendar year, iv. 62 per cent of the total of the amounts, if any, referred to in subsection 442.5 (23) of the Municipal Act, as made applicable by section 257.12.3 of the Act, that are paid to the board in respect of the 2002 calendar year, v. 38 per cent of the amounts, if any, received by the board in respect of the 2001 calendar year from a municipality under subsection 445 (4) of the Municipal Act, vi. 62 per cent of the amounts, if any, received by the board in respect of the 2002 calendar year from a municipality under subsection 445 (4) of the Municipal Act, vii. the total of the taxes received by the board in respect of the 2001 calendar year under section 35 of the Assessment Act, viii. 38 per cent of the payments in lieu of taxes distributed to the board in respect of the 2001 calendar year under subsection 371.1 (1) of the Municipal Act, ix. 62 per cent of the payments in lieu of taxes distributed to the board in respect of the 2002 calendar year under subsection 371.1 (1) of the Municipal Act, x. 38 per cent of the grants, if any, made to the board in respect of the 2001 calendar year under the Ontario Municipal Support Grants Act, xi. 62 per cent of the grants, if any, made to the board in respect of the 2002 calendar year under the Ontario Municipal Support Grants Act, xii. 38 per cent of the amounts, if any, received by the board in respect of the 2001 calendar year under the Payments in Lieu of Taxes Act (Canada) or under any Act of Canada that permits a payment to be made by a government or a government agency in lieu of taxes on real property, xiii. 62 per cent of the amounts, if any, received by the board in respect of the 2002 calendar year under the Payments in Lieu of Taxes Act (Canada) or under any Act of Canada that permits a payment to be made by a government or a government agency in lieu of taxes on real property, xiv. the total of the amounts, if any, distributed to the board in the 2001-2002 fiscal year under subsection 2 (2) of Ontario Regulation 365/98, and xv. the total of the amounts, if any, paid to the board in the 2001-2002 fiscal year under clause 3 (1) (a) of Ontario Regulation 366/98. 2. If the board is required to levy taxes for school purposes in respect of property in territory without municipal organization, deduct the sum of, i. $50,000, ii. 0.76 per cent of the total of the amount of those taxes levied for school purposes for the 2001 calendar year and the amount of the tax imposed by section 21.1 of the Provincial Land Tax Act that is levied by the board for that year, and iii. 1.24 per cent of the total of the taxes described in subparagraph ii that are levied by the board for the 2002 calendar year. 3. Deduct the costs for which the board is responsible under the Municipal Elections Act, 1996 that are incurred in the 2001-2002 fiscal year to conduct elections of members in territory without municipal organization that is deemed to be a district municipality for the purposes of clause 257.12 (3) (a) of the Act. 4. Deduct the amounts charged to the board in the 2001 calendar year by a municipal council under section 421 of the Municipal Act, including amounts charged under that section as a result of private legislation. 5. Deduct the total of the amounts paid as rebates by the board under sections 257.2.1 and 257.12.3 of the Act in the 2001-2002 fiscal year. 6. Deduct 38 per cent of the total of the amounts, if any, paid by the board in respect of the 2001 calendar year under subsections 442.1 (7), 442.4 (4), 442.5 (11) and 442.6 (3) of the Municipal Act. 7. Deduct 62 per cent of the total of the amounts, if any, paid by the board in respect of the 2002 calendar year under subsections 442.1 (7), 442.4 (4), 442.5 (11), 442.6 (3), 442.7 (13), (14), (15), (17), (18) and (19) and 442.8 (8) of the Municipal Act. O. Reg. 154/01, s. 12 (1); O. Reg. 94/02, s. 1. (2) For the purposes of determining the amount of a district school board’s 2001-2002 tax revenue, the following rules apply: 1. All amounts, if any, paid by the Minister to the board in respect of the 2001 calendar year under section 257.11 of the Act are deemed to be amounts distributed to the board in respect of the 2001 calendar year under a provision of the Act referred to in subparagraph 1 i of subsection (1). 2. All amounts, if any, paid by the Minister to the board in respect of the 2002 calendar year under section 257.11 of the Act are deemed to be amounts distributed to the board in respect of the 2002 calendar year under a provision of the Act referred to in subparagraph 1 ii of subsection (1). O. Reg. 154/01, s. 12 (2).