ARTICLE 2.7. Emergency Apportionment Financing
Article 2.7 added by Stats. 2004, Ch. 263, Sec. 8.
§§ 41329.50–41329.60 · 12 sections
- § 41329.50 The following definitions apply to this article, and, except as provided in subdivision (d), apply to Article 2 (commencing with Section 41320) and Article 2.5…
- § 41329.51 Notwithstanding any other law, an emergency apportionment is a financing provided to a community college district as authorized by the Legislature or to a…
- § 41329.52 (a) A school district may receive a two-part financing designed to provide an advance of apportionments owed to the district from the State School Fund and the…
- § 41329.53 (a) As an alternative to the lease financing pursuant to Section 41329.52, a school district may receive an emergency apportionment from the General Fund…
- § 41329.54 In furtherance of the lease financing authorized pursuant to Section 41329.52, and notwithstanding any other law, the school district may lease any property of…
- § 41329.55 (a) Simultaneous with the execution of the lease financing authorized pursuant to Section 41329.52, the bank shall provide to the Controller and the school…
- § 41329.56 (a) Chapter 57 of the Statutes of 1993 consolidated several previous emergency apportionments and a loan to the West Contra Costa Unified School District and…
- § 41329.57 (a) (1) Pursuant to a schedule provided to the Controller by the bank, the Controller shall transfer from Section A of the State School Fund and the Education…
- § 41329.575 (a) (1) Pursuant to a schedule provided to the Controller by the bank, commencing with the 2013–14 fiscal year, the Controller shall transfer from Section A of…
- § 41329.58 The sum of thirty million dollars ($30,000,000) is hereby appropriated, without regard to fiscal year, from the General Fund to the Board of Governors of the…
- § 41329.59 (a) On or before October 30, 2006, the Fiscal Crisis and Management Assistance Team (FCMAT) shall conduct an extraordinary audit of the Compton Community…
- § 41329.60 Notwithstanding any other law, beginning July 1, 2016, the interest rate on any outstanding General Fund emergency apportionments made to the Compton Community…