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Welcome to the California League of Bond Oversight Committees (CaLBOC). CaLBOC is an all volunteer, non-partisan association of Citizen Bond Oversight Committee (CBOC) members, current and past, who are interested in helping other CBOC members. CaLBOC was formed in 2006 by CBOC members trying to find better training to help perform their duties. CaLBOC is a 501(c)3 charitable organization.

Legislative Updates:
CaLBOC Co-Sponsored Bills Approved

SB-581 School bonds: bond accountability

1. Requires a school district governing board to provide the COC a response to any and all findings, recommendations, and concerns addressed in the constitutionally required annual, independent performance and financial audits under Proposition 39 within three months of receiving the audits.
2. Requires submission of a copy of the final Proposition 39 audits to the COC at the same time they are submitted to the school or community college district, but no later than March 31 of each year.
leginfo.legislature.ca.gov/faces/billTextClient.xhtml;jsessionid=
fb7f992ed2efca8e92be61434cf2?bill_id=201320140SB581


SB-584 School facilities: financial & performance audits

This bill requires the Controller, on or before January 1, 2015, and in consultation with the State Allocation Board, the Department of Finance, and the State Department of Education, to submit content to the Education Audits Appeal Panel to be included in the audit guide, Standards and Procedures for Audits of California K-12 Local Educational Agencies 2015-16, beginning in the 2015-16 fiscal year, that is related to specified financial and performance audits required for specified school facility projects.
www.leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB584

News Headlines...

LAUSD to equip every student with iPads

August 27, 2013 | By Howard Blume| www.LATimes.com
EXCERPT: ..Two local elementary schools became the first to roll out tablet computers Tuesday in a $1-billion effort to put iPads in the hands of every student in the Los Angeles Unified School District. ...
     ... L.A. schools Supt. John Deasy has pushed for the technology, which will cost about $1 billion - half of that for the Apple tablets and about half for other expenses, such as installing a wireless network on every campus. The vast majority of the cost will be covered by school construction bonds, a payment method that has sparked some concerns and legal and logistical hurdles. ..
    ...The district is using school construction bonds, approved by Los Angeles voters, which didn't mention the purchase of iPads. This factor raised questions among members of the appointed Bond Oversight Committee.
     School bonds typically pay for construction. The permanent installation of a wireless network, for example, would certainly qualify. And computers installed in a lab conform to spending rules, in the view of many, since they aren't removed from school grounds.
     Tablets, however, are potentially a different matter because students will be taking them home. This raised a legal issue about spending bond money to pay for them.
     For that reason, district officials told the committee in January that the tablets wouldn't leave the schools during this first test phase. After the oversight committee narrowly endorsed the project, district officials changed their minds.
     Another issue was whether it's legal to buy tablets, with an estimated life of three to five years, with bonds that taxpayers would retire over 25 years. Early on, the district talked of using short-term bonds that would match the life of the tablets.
     But officials have since decided that regular, long-term bonds can be legally used, provided that some of the money goes to projects, such as buildings, with a longer lifespan, said John Walsh, L.A. Unified's director of finance policy. ...

To read the complete article please visit:

www.latimes.com/local/la-me-lausd-ipads-20130828,0,906926.story


The next CaLBOC Board of Directors Meeting is May 8th, 2014
Sacramento Chamber of Commerce, One Capital Mall, Sacramento, CA

Information on the May 9, 2014
Third Annual CaLBOC Statewide Conference
Keynote Speaker: John Chiang, California State Controller

Registration Now!

 

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California Education Code
The Brown Act
CA Constitution, Prop 39
CBOC Best Practices
Operation Standards

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