Compton Community College District Publishes Citizens’ Bond Oversight Committee Annual Report

The Compton Community College District’s (CCCD) Citizens’ Bond Oversight Committee’s 2012- 2013 Annual Report was presented at the July CCCD Board meeting. The Citizens’ Bond Oversight Committee 2012-2013 Annual Report is available on the Web here.

As outlined in the Education Code Section 15278, the role of the Citizens’ Bond Oversight Committee is to “inform the public concerning the District’s expenditure of revenues received from the sale of bonds authorized by the voters.” The committee comprises a cross section of the citizenry who have volunteered their time to represent various constituencies, and fulfill the committee’s responsibilities.

As outlined in its bylaws, the committee has met on a regular basis; reviewing expenditures, touring campus renovations, and asking questions. The 2012-2013 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, 2013, performed by the firm of Vicenti, Lloyd & Stutzman 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, 2013:

Campus Site Improvements     
$569,057
Energy Efficiency Improvements
$13,627
Health & Safety Improvements
$158,377
Information Technology & Equipment   
$695,300
Learning Resource Center 
$273,210
Physical Education Facilities Improvements
$28,843
Total Expenditures
$1,733,414


The Citizens’ Bond Oversight Committee 2012-2013 Annual Report, as well as information about the role of the committee and meeting agendas may be viewed on the CCCD website at www.district.compton.edu/measure_cc_bond/index.asp.

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