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 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, conferences, workshops, formation of regional groups of California Citizens’ Bond Oversight Committees and representing common interest at the statewide level.” (Articles of Incorporation) CABOC is non-partisan.
CABOC engages in issues of public policy 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 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 empanels 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:
- “Develop easy-to-access online training materials for members of Citizens’ Bond Oversight Committees.”
- “The Governor and Legislature should update and overhaul the education code related to the Strict Accountability in Local School Construction Bonds Act of 2000.”
- “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.
Approved by Executive Committee February 23, 2021. Amended April 5 and May 25, 2021.
Anton Jungherr, Secretary