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Measure I » Citizens Bond Oversight Committee

Citizens Bond Oversight Committee

 
 
By statute, the purpose of the citizens’ bond oversight committee shall be to review and inform regarding the expenditure of bond funds. The citizens’ bond oversight committee shall review and report on the proper expenditure of taxpayers’ money for school improvements, modernization and construction. Annually, we expect to have information to report on active and finalized projects  and to finalize the annual audit. The Citizens Bond Oversight Committee (CBOC) is required to meet at least once per year, and the district's goal is to have the regulatory annual meeting as well as a construction site visit as practicable. The meetings serve to provide details and updates on current facilities projects as well as providing information on bond related initiatives.
Policy 7214 - General Obligation Bonds (click here to view)

BOND OVERSIGHT COMMITTEE MEMBERS:


The composition of the committee includes:

  • One (1) member who is active in a business organization representing the business community located within the school district.
  • One (1) member who is active in a senior citizens' organization.
  • One (1) member who is a parent or guardian of a child enrolled in the school district.
  • One (1) member who is both a parent or guardian of a child enrolled in the school district and active in a parent-teacher organization.
  • One (1) member who is active in a bona fide taxpayer's organization.
  • Two (2) members of the community at-large.
2022-23 Bond Audit Report

CITIZEN'S BOND OVERSIGHT COMMITTEE MEETING (CBOC) INFORMATION 

 

 

FISCAL YEAR 2019-20 

 

2019-20 - CBOC MEETING ---- Please see the Meeting Presentation from August 2020

  

The agenda for the meeting to include the following information:

 

Background information on the bond planning documents

 

District Bond Financial Reporting and Annual Audit

 

Financing and Issuance Update - District Credit Rating

 

Facilities Update

FISCAL YEAR 2018-19 

 

NOVEMBER 6, 2018 CBOC MEETING

  

The agenda for the meeting includes the following information:

 

Background information on the bond planning documents


District Bond Audit

 

Progress report on the finance phasing


Facilities Update

 

New High School Phase-1 Complete

 

Continued Classroom renovations

 

Kitchen Remodels

 

MPR Remodels

 

District-wide painting

 

District-wide fence and school lobby improvements

 

New Construction at Zamboni Middle School

 

Questions and next steps

 

The CBOC meetings take place at the Paramount USD District Office - Board room at 15110 California Ave., Paramount CA 90723.
The meeting start time is 5:00 p.m

 

FEBRUARY 28, 2018 CBOC MEETING

 

FISCAL YEAR 2017-18

 

The agenda for the meeting includes the following information:

 

Background information on the bond planning documents


Updates on the approved projects


Portable classroom replacement


Odyssey STEM Academy reconstruction


Classroom renovations


PHS West modernization


Air Conditioning replacement


Adult Education facilities


Prop 39 and facilities projects


Progress report on the financing phasing


Update on the active bond projects

 

Questions and next steps

 

The CBOC meetings take place at the Paramount USD District Office - Board room at 15110 California Ave., Paramount CA 90723.
The meeting start time is 5:00 p.m