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2016 Presented by: Raffi Soghomonian

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Presentation on theme: "2016 Presented by: Raffi Soghomonian"— Presentation transcript:

1 2016 Presented by: Raffi Soghomonian
Program Accountability – Citizens Bond Oversight Committee Requirements 2016 Presented by: Raffi Soghomonian

2 REQUIREMENTS Question: When is a Citizens Bond Oversight Committee required? Answer: When a district passes a Prop 39 Bond. Measure E passed in June 2016.

3 Understanding the Role
Purpose of the Committee: To inform the public concerning the expenditure of bond proceeds. To promptly alert the public to any waste or improper expenditures of bond money. Issue annual reports of the results of the committee’s activities and findings.

4 In order to carry out it’s purpose, the Committee may:
Receive and review copies of the district’s annual independent financial and performance audits. Inspect school facilities & grounds. Review District efforts to maximize bond revenues through implementation of cost containment measures: Professional fees Site preparation Joint-use of facilities Design efficiencies Reusable facilities plans

5 The Committee Does Not Have Authority to:
Evaluate School Facilities Needs Determine When New Facilities are Needed Approve Construction Work Select Sites Determine Method of Financing Establish Policies & Regulations Determine or Approve Bond Program Implementation Plan Select Architects or Engineers Authorize Projects for Bid Award Contracts Approve Change Orders Accept Completed Projects

6 Required District Assistance
The District must provide administrative and technical assistance to the CBOC, including: Assistance for compliance with the Brown Act Assistance with the preparation of committee reports Making all documents and minutes available on the website

7 Bonds Sold Measure E voter approved in June Total amount of $15,000,000 Amount sold $4,600,000 Measure O approved in November 2004 Total of $6,400,000 Amount remanding sold $1,699,867.65

8 Board Approved Projects
1. Orosi High School Science Building with 8 classrooms , collaboration room, student restrooms and staff restrooms. Total estimated cost: $ 6,400,000. Scheduled for completion in August 2017.

9 Board Approved Projects, continued
2. Orosi High School Stadium Renovation with all-weather 9 lane track and upgrades to the stadium. Estimated cost: $ 3,419,658. Scheduled for completion in September 2018.

10 Board Approved Projects, continued
3. New baseball/soccer field construction between Orosi High School and El Monte Schools Estimated cost: $ 2,700,000. Scheduled for completion in September 2018.

11 Board Approved Projects, continued
4. Cost for Modernization Plans. Bond funds will be used for Modernization plans for Cutler, Palm, Golden Valley and El Monte Schools.

12 Orosi High School Science Wing

13 Orosi High All Weather Track

14 New Baseball/Soccer Fields


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