Recently, I have received requests to speak to organizations and members of the community about the WCCUSD Bond Program, and specifically about the role of the Citizens’ Bond Oversight Committee. Many of the questions I have been asked are answered in the CBOC 2015 Annual Report.
I now present to the community at large the CBOC 2015 Annual Report.
The WCCUSD and all California School Districts that finance school facilities with voter approved Bond Funds have the expenditures for those Bond funds overseen by a Citizens’ Bond Oversight Committee.
On November 7, 2000, California voters approved Prop 39, the Smaller Classes, Safer Schools and Financial Accountability Act.
In exchange, for passage of Bond Measures with only 55% of the votes, instead of 66 2/3%, the Legislature created the Citizens’ Bond Oversight Committee to assure the community that bond funds are expended as outlined in the schools district’s bond resolution.
The Citizens’ Bond Oversight Committee (CBOC) issues an annual report in accordance with Prop 39.
The 2015 CBOC Annual Report was approved by the CBOC on June 22, 2016.
As the longest-serving member of the WCCUSD CBOC (three terms 2010-2016), and having the distinction of being the longest-serving Chair in the history of the WCCUSD CBOC, (2013-2016), it is with great pride that I present to the community the CBOC 2015 Annual Report.
Please take the time to read it thoroughly.
Former Chair, WCCUSD, CBOC