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About California Association of Bond Oversight Committees (CABOC)

CABOC was co-founded by Jack Weir and Anton Jungherr in 2019 as a Nonprofit California Public Benefits Corporation, corporation number 4319346.  CABOC is exempt from Federal income tax under Internal Revenue Code Section 501(c)(3), identification number 84-3416221.  Donors can deduct contributions they make to CABOC under IRS Section 170 to the fullest extent allowed by law.

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. 1

CABOC engages in public policy issues regarding Proposition 39 school construction bond oversight, including conducting educational meetings, preparing, and distributing educational materials, or otherwise considering school bond oversight issues in an educational manner without jeopardizing its tax-exempt status.

The Little Hoover Commission (LHC) is a bipartisan independent California oversight agency to promote the economy and efficiency in state and local government.  “The Commission fulfills this charge by listening to the public, consulting with the experts, and conferring with the wise.  During its investigations, the Commission typically impanels advisory committees, conducts public hearings, and visits government operations in action.”  LHC in their Report #236, February 2017 made recommendations to the Governor and the Legislature regarding School Proposition 39 bonds.

The implementation of these three LHC recommendations will guide the focus and work of CABOC:

    1. “Develop easy-to-access online training materials for members of Citizens’ Bond Oversight Committees.”
    2. “The Governor and Legislature should update and overhaul the education code related to the Strict Accountability in Local School Construction Bonds Act of 2000.”
    3. “Impose sanctions for school and community college districts that fail to adhere to constitutional and statutory requirements of Proposition 39, including preventing the district from adopting future bond measures under reduced voter threshold.”

The California League of Bond Oversight Committees (CaLBOC) filed a Nonprofit Certificate of Dissolution on January 15, 2021.  With the dissolution of CaLBOC, the CABOC is the only statewide nonprofit organization existing to address the recommendations of the LHC.

Our website is www.bondoversight.org.

1 Approved by CABOC Members at the January 15, 2022, Annual Membership Meeting and filed with the California Secretary of State on January 31, 2022.
Approved by Executive Committee February 23, 2021.  Amended April 5, May 25, 2021 and January 31, 2022.

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Little Hoover Commission Testimony, CaLBOC, and Current CABOC Directors

      Several CaLBOC directors testified in September 2016 before the California Little Hoover Commission (LHC), a bipartisan independent California oversight agency to promote economy and efficiency in state and local government, including Anton Jungherr and Nick Marinovich. In February 2017, the LHC published their report “Borrowed Money: Opportunities for Stronger Bond Oversight” which included six recommendations to improve the effectiveness of Citizens’ Bond Oversight Committees.
      Former members of CaLBOC wanted to prioritize implementation of the recommendations from the LHC, therefore formed a new association, CABOC. With the dissolution of CaLBOC, CABOC is the only statewide nonprofit organization existing to address the recommendations of the LHC.
      One of the LHC recommendations stated: “Develop easy-to-access online training materials for members of Citizens’ Bond Oversight Committees. Specifically, the Governor and Legislature should direct and authorize one-time funding to the Fiscal Crisis and Management Assistance Team to develop online training for local Citizens’ Bond Oversight Committee members, with input and assistance from the California Debt and Investment Advisory Committee and the California League of Bond Oversight Committees.”
     California Association of Bond Oversight Committees (CABOC) was incorporated on September 19, 2019 as a California Nonprofit Public Benefit Corporation by Jack Weir and Anton Jungherr. “The specific purpose of this corporation is to provide training, assistance, and encouragement to California School Proposition 39 Citizens’ Bond Oversight Committee Members through development of training materials, delivery of online training, conference, workshops, formation of regional groups of California Citizens’ Bond Oversight Committees and representing common interest at the statewide level.”
     Implementation of the LHC recommendations will guide the focus and work of CABOC.