CCCD Publishes Citizens’ Bond Oversight Committee Annual Report

CBOC Annual ReportThe Compton Community College District’s (CCCD) Citizen’s Bond Oversight Committee’s 2011-2012 Annual Report was presented to the CCCD Board of Trustees at its November 13 meeting.  More…

The CCCD Citizen’s Bond Oversight Committee 2011-2012 Annual Report is available on the Web.

The charter of the CCCD Citizens’ Bond Oversight Committee is to inform the public concerning bond revenue expenditures and to actively “review and report” on the expenditure of those funds. The committee comprises a cross section of the citizenry who have volunteered their time to represent various constituencies, and fulfill the committee’s responsibilities.

During the past year, the committee has met on a regular basis; reviewing expenditures, touring campus renovations, and asking questions. The 2011-2012 Annual Report documents the results of these activities and serves to fulfill the basic tenets of the Citizens’ Bond Oversight Committee’s charter.

Within this report is the independent audit for the fiscal year ending June 30, 2012, performed by the firm of Vavrinek, Trine, Day & Co., LLP. The committee examined and reviewed this audit, the results of which are contained in the Annual Report.

The following is a summary of Bond Expenditures for the Fiscal Year ending June 30, 2012:

Campus Site Improvements $ 643,714

Energy Efficiency Improvements $ 376,431

Health & Safety Improvements $ 414,304

Information Technology & Equipment $ 1,806,934

Learning Resource Center $ 1,529,138

Physical Education Facilities Improvements $ 332,028

Total Expenditures $ 5,102,549

The Citizens’ Bond Oversight Committee 2011-2012 Annual Report, as well as information about the role of the committee and meeting agendas can be viewed on the CCCD website at district.compton.edu/measure_cc_bond/.

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