The purpose of the Citizens’ Bond Oversight Committee shall be to review the status of capital projects, bond expenditures, project schedules, and the timeline of bond projects.
Objectives
The objective of the Citizens’ Bond Oversight Committee is to ensure that taxpayer dollars are expended as dictated by the bond project list and are managed in the most efficient manner possible. The committee shall also evaluate any proposed changes to the scheduled project scope of work to the voter-approved bond program and communicate with the Board of Trustees as necessary.
Duties & Responsibilities
The duties and responsibilities of the Citizens’ Bond Oversight Committee shall include the following, in addition to other duties and responsibilities as may be delegated to the Committee from time to time by the Board of Trustees.
- Review the financial status of voter-approved bond programs through periodic financial reports such as financial statements, investment reports, contracts, budget amendments, and approved bid awards.
- Monitor the progress of voter-approved capital projects through periodic staff presentations and reports.
- Review the Citizens’ Bond Oversight Committee Charter annually and make recommended revisions to the Board of Trustees.
- Make recommendations to the Board of Trustees on the re-allocation of Project Funds.
Read the CBOC Committee Charter in full here.