State of the College

Download Report

Transcript State of the College

MEASURE G OVERSIGHT
COMMITTEE
By
Mr. Todd Hunt, Chair
10-17-2011
Legal Requirement
• Measure G passed in March 2002 under
the provisions of Prop 39
• Prop 39 lowered the threshold of
passing a school bond from a 66.7%
approval level to 55%
• Prop 39 requires an oversight
committee to satisfy an accountability
requirement
Committee Duties
• Review Expenditures
• Measure G Board Status Reports
• Financial and Performance Audits
• Ensure bond proceeds are only expended for the
purposes set forth in the ballot measure
• Ensure bond proceeds are not used for any
operating expenses
• Prepare an annual written report
• Summary of Committee’s proceedings and activities
for the preceding year
• Statement whether District is in compliance with Article
XIIIA, Section 1(b)(3) of the California Constitution
Article XIIIA, Section 1(b)(3)
• Requires:
▫ Bond proceeds are expended only on projects set
forth in the ballot measure and not for any school
operating costs.
▫ Projects funded considered safety, class size
reduction, and information technology needs.
▫ An annual independent performance audit is
conducted.
▫ An annual independent financial audit is
conducted.
Committee Composition
• Minimum of 7 members
• Maximum of 13 members
• Composition
▫
▫
▫
▫
At least one representative from the local business community
At least one member active in a senior citizen organization
At least one person active in a bona fide taxpayer organization
A student who is both currently enrolled in the District and active
in an organization
▫ At least one person active in the support and organization of the
District, one of its advisory councils or the District Foundation.
▫ At least two from the general community
• No conflict of interest
• Term of two years and may serve two consecutive terms
Committee Members
Mr. Todd Hunt, Chair
Mr. Bobken Amirian
Mr. Donald Empey
Mr. Rick Barnes
Mr. Robert Gabon
Mr. Kirk Bell
Mr. Vic Hovsepian
Ms. Toni DasGupta
Mr. Macalasadair
Macdonald
Ms. Apala Parikh
Mr. Michael Davitt
2010-11 Activities
• Two Committee Meetings
▫ August 2, 2010
▫ March 7, 2011
• Project Status Updates
▫ Garfield Expansion
▫ PeopleSoft implementation
▫ Pony chiller
▫ Lab/College Services Building
• Reviewed Measure G Board Status Reports
• Reviewed $5 million bond issue
• Reviewed Financial and Performance Audits
• Prepared Annual Report
2010-11 Findings
• District is in compliance with Article XIIIA,
Section 1(b)(3) of the California Constitution
▫ Bond proceeds were expended on approved
ballot measure projects.
▫ Bond proceeds were not used for College
operating expenses.
▫ Annual independent financial audit was done.
▫ Annual independent performance audit was done.
▫ Annual report was prepared.