Expenditure Review

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Course Description

This course describes reviewing bond program expenditures to ensure they comply with Proposition 39, Education Code, and the voter-approved project list

 

What construction project reporting can the CBOC use?Video

How Does the CBOC Review Bond Expenditures?
https://youtu.be/Z57tbPlswyU

Best Practices

 

FAQs

FAQ 10. What can be funded with bond proceeds and what is not permitted?
https://www.bondoversight.org/faq10/

FAQ 11. What can a Bond Oversight Committee member do when the District spends money on projects not authorized or are questionable in nature?
https://www.bondoversight.org/faq11/

FAQ 13. May a CBOC only review bond expenditures after they occur, review plans for future spending, and other associated topics?
https://www.bondoversight.org/faq13/

FAQ 14. Can any operating costs be funded with bond proceeds?
https://www.bondoversight.org/faq14/

FAQ 27.  Should the CBOC have responsibility for non-school construction bond expenditures and plans?https://www.bondoversight.org/faq27/

FAQ 38. Can a district do an inter-fund borrowing from Proposition 39 School Construct Bond (SCB) funds for non-SCB purposes?
https://www.bondoversight.org/faq38/

FAQ 39. What is the meaning of “administrator salaries” for determining allowable charges to Proposition 39 School Construction Bond (SCB) funds?   Which costs Can and cannot be charged to SCB funds?
https://www.bondoversight.org/faq39/

FAQ 40. When are communications costs chargeable to school construction bond funds?
https://www.bondoversight.org/faq40/

FAQ 66. What construction project reporting can the CBOC use?
https://www.bondoversight.org/faq66/

FAQ 69. What is the Definition of ‘Administrative Costs’
https://www.bondoversight.org/faq69/

FAQ 70. What to Do if There is No Project List?
https://www.bondoversight.org/faq70/

FAQ 71. What Can a CBOC Member do if there is Spending on a Project Not Included in the Ballot Language, AKA Project List?
https://www.bondoversight.org/faq71/

FAQ 72. What are Some Common Problems with Bond Spending?
https://www.bondoversight.org/faq72/

Legal Resources

California Legislative Information:  https://leginfo.legislature.ca.gov/

Resources

Bond Project Salaries. Opinion of Bill Lockyer Attorney General, November 9, 2004
https://www.bondoversight.org/wp-content/uploads/2022/07/Prop-39-Opinion-No.-04-110.pdf

Best Practices Bond Oversight Committees
https://www.bondoversight.org/wp-content/uploads/2022/11/Best-Practice-s-Oversight-Committees-SDCTA-5.23.19.pdf

Checklist

Example

Course Evaluation

Need to develop