Section 42678 Of Article 6. Orders And Warrants When Moneys Are Not Available From California Education Code >> Division 3. >> Title 2. >> Part 24. >> Chapter 9. >> Article 6.
42678
. The county superintendent of schools shall report to the
county treasurer and the county auditor within 10 days after the end
of each month the amount of the interest computed pursuant to this
article. The report shall show each district for which interest has
been computed, the numbers of the registered orders for which the
interest is to be paid, and the total amount of the interest charged
to each district. He shall also, upon transmitting to the governing
board of any school district registered orders which have been
approved and allowed as warrants against the funds of the district,
report in writing to the clerk or secretary of the district the
amount of interest computed on the registered orders and the numbers
of the registered orders for which the interest is to be paid.