1. Measure E Citizens’ Oversight Committee Monthly Report to the BOE March 10, 2015

2. 2 Study Sessions The BOE held two February study sessions regarding the status of Measure E funding The COC representatives in attendance gained better insight into the financial constraints that Measure E faces We also learned that financial schedules presented to us by the District continue to be out of date and/or present a different picture (e.g., BHHS budget is still shows as $178 million)

3. 3 Requests Sent to District – 2/20/15 Revised by-campus allocation of the $334 million and reasons for the changes. (For example, the Audit Committee schedules show the BHHS budget to be $178.5 million vs. $195-$210 million). Reconciliation of projected Measure E cash balance of $13 million as of 6/30/16 to the February 2015 Audit Committee schedule which shows $1.8 million left after completion of Horace Mann and other encumbered items.

4. 4 COC: Ethics/Legal and Construction Legal / Ethics Committee Resolutions on Conflicts of Interests Roberts Rules: training from State Education Board Brown Act: training from State Education Board Construction Committee Horace Mann on budget and on time Monitor other School Plans, Budgets and Schedules

5. 5 Audits and COC Report Between now and our April BOE presentation, we expect to receive final independent financial and performance audit reports Our Audit Committee will hold exit conferences with the auditors prior to issuance In addition to attending the Board Meeting where the audits are presented, we will report on the findings and conclusions in our Annual Report – targeted for April