Section 41474 Of Chapter 3.1. Emergency Apportionment Repayment For West Contra Costa Unified School District From California Education Code >> Division 3. >> Title 2. >> Part 24. >> Chapter 3.1.
41474
. Notwithstanding Sections 41471 and 41472, the school
district may submit a request to the Director of Finance to have the
interest rate on the remaining outstanding balance of its emergency
apportionments changed to reflect the investment rate of the Pooled
Money Investment Account as reported by the State Controller's office
for the immediately preceding fiscal year. Upon receipt of the
request, the Director of Finance shall change the interest rate
pursuant to this section. A change in the interest rate does not
change other terms of the repayment schedule.