Providing Services for Citizens’ Bond Oversight Committees

 

 

CABOC Legislative Proposal Summary 

Excerpt:  … California Association of Bond Oversight Commissions (CABOC) Proposed Legislation CABOC’s proposal aligns with the Little Hoover Commission’s recommended statutory changes to affirm the independence of CBOCs and bolster their effectiveness. This proposal is also consistent with overall principles found in Education Code 15274 namely that: “vigorous efforts are undertaken [to ensure] that bond measures are in strict conformity to the law.”

When implemented CABOC’s proposed changes will:

  • Strengthen bond program audit requirements and expand the role of CBOCs in selecting and interacting with auditors.
  • Require bond ballot language clearly refer to specific projects in the district’s facility master plan instead of highly generalized projects, such as “safety upgrades” or “technology improvements”.
  • Make CBOC membership selection and appointment more transparent, open and merit-based.
  • Require districts provide sufficient budgets funded by bond funds to include independent legal counsel for the CBOC, train members and maintain a website to prominently display meeting agendas and reports so that CBOCs can fulfill their mission to report to the general public.   …


    CABOC Legislative Program:

    https://www.bondoversight.org/caboc-legislative-program/

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Bond Oversight Done Right: A Strategic Plan Proposal
SUMMARY

Strategic plans are an efficient way for organizations to establish goals related to time. Strategic plans are critical to tracking progress over time and allowing the organization to self-assess and improve through the redistribution of resources where they are most efficient.

The California Association of Bond Oversight Committees (CABOC) is a recently created nonprofit organization in need of a strategic plan that will focus the organization’s staff and resources towards more effectively executing their stated organizational objectives. Recognizing this problem and utilizing knowledge gained throughout the University of Southern California’s (USC) Master of Public Administration (MP A) program, the USC Capstone Team composed the following problem statement:

The California Association of Bond Oversight Committees requires a sustainable strategic plan to operate as an efficient nonprofit organization. The CABOC lacks organizational structure, training curriculum, fiscal sustainability, and performance metrics to assess progress towards strategic goals.

After meeting with the CABOC and researching the CABOC’s stated objectives, the team’s problem statement led to five essential research questions to guide the project:

RQ #1: How will a sustainable strategic plan help the CABOC develop organizational goals and objectives that assess progress over time?

RQ #2: How can the CABOC be best organizationally structured to support its mission?

RQ #3: How can the CABOC facilitate an effective and easy-to-access training program to meet the needs of its constituents?

RQ #4: How can the CABOC diversify its revenue stream to provide a more stable and sustainable financial structure? What tools and best practices can they employ to achieve their organizational goals?

RQ #5: How can performance metrics serve the CABOC to transform their mission, strategy, and organizational goals into key measurable performance indicators that govern organization actions? Which performance measurement model best serves to achieve their organizational goals?

Complete USF Study. Bond Oversight Done Right: A Strategic Plan Proposal for CABOC.  67 page PDF:  https://www.bondoversight.org/wp-content/uploads/2021/12/StrategicPlan_8.14.21_USC_final.pdf 

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An FAQ on California’s Proposition 39 and How it Affects School Districts
by Nick Marinovich, CABOC, Board Member and Former President; and
Stephen Bacchetti, Construction Audit & Advisory Director, Moss Adams

https://www.bondoversight.org/wp-content/uploads/2021/11/0-Moss-Adams-Article-October-12-2021.pdf

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How to Perform Effective Performance Audit
Moss Adams’ PowerPoint 

https://www.bondoversight.org/wp-content/uploads/2021/11/0-How-to-Perform-an-Effective-Performance-Audit-FINAL-10-12-21.pdf

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CABOC Purpose

“The California Association of Bond Oversight Committees is dedicated to the proposition that taxpayers deserve information on proper school bond expenditures through facilitation of independent citizens’ bond oversight committees in accordance with the passage of Proposition 39 (School Facilities. 55% Local Vote. Bonds, Taxes. Accountability Requirements.) Our mission is to develop and deliver support for thorough oversight through training, newsletters, conferences and workshops; and to represent our collective interests at the statewide level to benefit all Californians.”

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External Sites

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$180.8 Billion Proposition 39 School Bonds Approved by Voters”

Contact CABOC

121 Ash Court, Hercules, CA 94547  •  510-697-7212

info.caboc@gmail.com