Measure ECitizens’ Oversight CommitteeMonthly Report to the BOEMarch 10, 2015

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the District continue to be out of date and/or present a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

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

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

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