CABOC Newsletters & Archived CaLBOC Newsletters


March 2020  PDF

Little Hoover Commission Report #236
Recommendations for Local Bond Oversight

Issue 1, March 8, 2021  PDF
Link: https://conta.cc/3d4d8zS
Little Hoover Commission Report #236

Issue 2,  March 22, 2021  PDF
Link: https://conta.cc/3vUrOdr
El Rancho Promises Changes After
State Audit Finds Potential Fraud

Issue 3,  April 19, 2021   PDF
Link: https://conta.cc/3jvNK9q
CaLBOC Dissolution and the purpose of CABOC

Issue 4, May 3, 2021  PDF
Link: https://conta.cc/3lHxeFV
FAQ: Is Your CBOC Independent?

Issue 5, May 19, 2021  PDF
Link: https://conta.cc/2VDC6RE
FAQ: Key elements to be included in a facility master plan

Issue 6, May 31, 2021  PDF
Link: https://conta.cc/2VDC6RE
Training Topics Survey


Issue 6, May 31, 2021  PDF
Link: https://conta.cc/2VDC6RE
Training Topics Survey

Issue 7, June 14, 2021 PDF
Link: https://conta.cc/3gA9dxt
Newsletter Topic Survey Results

Issue 8, June 28, 2021 PDF
Link: https://conta.cc/3jD1gIp
FAQ: CBOC Rules and Responsibilities

Issue 9 • July 12, 2021 PDF
Link: https://conta.cc/2VAdCJ1
• Invite to Attend a One-Hour “Scoping Session”
• FAQ: What can be funded with bond proceeds?

Issue 10, July 20, 2021 
Link: https://conta.cc/3lIaOEo

USC CBOC Online Survey

Issue 12, August 9, 2021 
Link: https://conta.cc/387cIX7
FAQ: Should CBOCs only be involved in the review
of expenditures after they are made?

 

California League of Bond Oversight, CaLBOC
Archived Newsletters •
2013-2018
Newest on top 

2018

March 14, 2018 • Issue 121
• Farmington CBOC Pans Facility Options
• California’s $83 Billion in Bond Debt

January 2, 2018 • Issue 120
• Santa Monica Conflict of Interest Expands to 3 Board Members
• San Jose School Board Member Charged with Campaign Fund Theft

2017

December 5, 2017 • Issue 119
• Alum Rock Construction Has Lagged
• California’s $83 Billion in Bond Debt

November 6, 2017 • Issue 118
• Alum Rock Manager Sought Secret Deals on Construction Bids
• San Ysidro Spent $480 K to Recover $291K from Superintendent

October 16, 2017 • Issue 117
• School Bond Secrecy Lobby Prevails in Sacramento
• CBOC Says WCCUSD is Mismanaging Funds

September 25, 2017 • Issue 116
• Issues Arise in Alum Rock CBOC Bylaws
• School Bond Legislative Update
• Watchdog Blast Pasadena Unified

August 28, 2017 • Issue 115
• Pajaro Valley Pushes Against Grand Jury Report
• Legislative Update: CBOC Terms
• Court Sides with Employee Over Email Purge

July 11, 2017 • Issue 114
• California Places Alum Rock on Tighter Fiscal Leash
• California Schools Chief’s Political Ties Kept Alum Rock Guessing
• SB-342 Moves to Governor’s Desk

June 27, 2017 • Issue 113
• Special Property Tax Lacks Accountability
• The Untold Story Behind Sweetwater Scandal

June 1, 2017 • Issue 112
• Alum Rock Reviewers Blast Construction Management
• Bond Watchdogs Urged to Call Out Misbehavior

April 12, 2017 • Issue 110
• Did Alum Rock Pay $329K for Non-Existent Construction?

March 16, 2017 • Issue 108
• School Bond Money Used on Employee Salaries
• State Watchdog Agency Points to Flaws in Oversight

March 1, 2017 • Issue 107
• Little Hoover Commission Says Bond Watchdogs Don’t Have Much Bite
• San Diego Says It Will Take Millions More to Improve School Buildings

February 15, 2016 • Issue 106
• San Dieguito UHSD Cancels Building Contracts 
• Brown Wants to Hold Off on Selling California School Bonds

January 25, 2017 • Issue 105
• Sweetwater UHSD Gets $8.2 Million in Settlement Over Pay-To-Play Scandal
• Brown Demands Better Auditing Procedures in Place Before Issuing Bonds

January 10, 2017 • Issue 104
• West Contra Costa Schools Face Tough Choices as Bond Money Runs Out
• Gov. Brown Exploring if New $9 billion Bond Can be Divvied up Equitably

 

2016

November 1, 2016 • Issue 103
• Pay-to-Play Concerns in WCCUSD School Bond Program?
• Prop. 51: $9 Billion for Construction

September 27, 2016 • Issue 102
• West Contra Costa District Forensic Audit Report on $1.6 Billion Bond Program
• Statewide School Bond Stymied in Legislature, Backers Go Their Own Way

September 6, 2016 • Issue 101
• Warrant Issued for Los Banos School Board Member, Merced Contractor Arrested on Bribery Charges
• How Investment Banks Cash in on School Construction 
• West Contra Costa Unified: Whistleblower Files Retaliation Complaint

August 8, 2016 • Issue 100
• Chiang and County Treasurers Move to Stop ‘Pay-to-Play’ School Bond Campaigns
• Building California Schools Now Big Business, Big Money and Big Politics

July 5, 2016 • Issue 99
• Local Districts do Little to Protect Themselves from Conflicted Advisers
• El Monte Union Lacks Records, Oversight for $148 Million Bond Measure

June 13, 2016 • Issue 98
• Grand Jury Report Eviscerates San Ysidro School Bond Program 
• Poway Paid a Financial Firm Double the Contract Amount in Half the Time

May 20, 2016 • Issue 95
• California Faces Conflicts Over Billions in School Bonds

April 25, 2016 • Issue 93
• Fresno Unified Wants Leaseback Lawsuit Dismissed 
• AB 2316 | New Bill Would Protect School Contractors In No-Bid Deals

April 14, 2016 • Issue 92
• AB-2116 – School Bond Debt Passed Through the Education Committee 
• Several Years and $1 Billion Later, San Diego Schools Are Actually in Worse Shape

March 29, 2016 • Issue 91
• Citing California Policy Center Study AB-2116 Seeks to Stop Runaway School Bond Debt

March 2, 2016 • Issue 90
• Builder Emails Fresno Unified ‘We Are a Go’ Months Before School Board Votes on Projects 

February 10, 2016 • Issue 89
• California AG’s Opinion Targets School Bond Practices 
•Attorney General Opines on Brown Act Web Posting Requirement

January 27, 2016 • Issue 88
• West Contra Costa School Board Approves Full-Fledged Forensic Audit of Bond Program
• Judge affirms ruling against Acalanes bond issuance

January 11, 2016 • Issue 87
• Education Debt Debate Heats Up 
• Education Sector Bond Spending Continues to Spike

 

 

2015 

December 8, 2015 • Issue 86
• Forensic Auditors Find Absence of Strong Internal Controls in West Contra Costa schools Bond Program
• Can California’s K-12 Districts Adequately and Equitably Fund School Facilities?

November 25, 2015 • Issue 85
• Oakland’s Facilities Chief Oversees Work by His Own Company
• Fitch: Some California School District GOs Protected in Bankruptcy

November 3, 2015 • Issue 84
• Lobbying Public Agencies by Day, Guarding Public Dollars by Night
• Sweetwater District OKs Labor-Pact Talks

October 23, 2015 • Issue 83
• Acalanes District Should Abandon Foolish Gambit to Bypass Voters’ Will 
• New Ruling Throws Poway Unified Consultants’ Lucrative Deal Into Question

September 29, 2015 • Issue 82
• $9 Billion School Bond Qualifies for California November 2016 Ballot
• Critic Questions Action of Underwriters
• California Legislature Expands Design-Build

September 11, 2015 • Issue 81
• Federal Subpoena of Fresno Targets District Officials Involved in No-Bid Contracts
• California Supreme Court Won’t Hear Fresno Unified Leaseback Case
• Pay to Play – Attorneys Late in Filing Challenge. Sweetwater Contractors Slapped Down

August 26, 2015 • Issue 80
• Bill protecting contractors in district leaseback deals dies in committee
• Doing the Math, Bond Debt for California Schools May Not Pencil Out

July 29, 2015 • Issue 79
• Statewide Report Criticizes Passage of School Bonds
• Why LAUSD Wants Exemption from Low-Bidder Law for $2 Billion in Construction Projects

July 13, 2015 • Issue 78
• Solano County Grand Jury Challenges Measure Q Oversight in 2nd of Two Critical Reports
• Opinion: Contractor lobbyists Seek Relief from California Legislature

June 30, 2015 • Issue 77
• Builders Want Changes to State’s Lease-Leaseback Law
• West Contra Costa School Bond Oversight ‘Stymied,’ Grand Jury Says – Contra Costa Grand Jury Report 1514 – June 11, 2015

June 8, 2015 • Issue 76
• Court reverses decision on Fresno Unified’s controversial contract to build Gaston school 
• Could Waste and Fraud be Happening in Your School District?

May 15, 2015 • Issue 75
• San Diego Schools Put Stadium Spending Above Classrooms

April 20, 2015 • Issue 73.pdf
• SEC Launches Informal Inquiry into LAUSD’s Use of Bonds for iPads 
• Converting High-Interest capital Appreciation Bonds – San Leandro district bond refinance saves millions

April 14, 2015 • Issue 72
• Projects Not Disclosed in Bond Ballot Language – The Next Bond Money Fight: Swimming Pools 
• San Diego Unified Is Still in the Dark on Funding Field Lights With Bond Money

February 10, 2015 • Issue 70
• West Contra Costa Unified School District – Private Firms Wield Large Influence Over WCCUSD Bond Program As Costs Soar

January 26, 2015 • Issue 69
• Bond Language Stated Alpine High School Would be Built – Judge favors Alpine over Grossmont

January 14, 2015 • Issue 68
• California School Builders, Others to Gather Signatures for Nov. Bond Measure
• FBI Pursuing Allegations Against West Contra Costa School District

2014

December 31, 2014 • Issue 67
• San Diego  – Companies tried to Claim Wining, Dining, was Free Speech Judge Rejects Contractors’ Meal Gambits
• Fight Over How Bond Money is Spent Ends up in Court Injunction Hearing Continued 

December 4, 2014 • Issue 66
• Controversial $1.3 Billion iPad Deal FBI Seizes LAUSD’s’ iPad Documents
• LAUSD Eyeing More Bonds as Funds for School Repairs Dwindle

October 21, 2014 • Issue 65
• FPPC Investigation of Gi1s from Stone & Youngberg Hundreds fail to report bond-firm meals
• Bond funds Can Only be Used for Projects Listed in Measure – Lawsuit Filed Against Sonora High School

October 7, 2014 • Issue 64
• Reducing Costs for Building – Getting it right on local school bonds meanings slowing down 
• Tax Rate Es4mate of Bonds to be in Sample Ballot

September 23, 2014 • Issue 63
• Reducing Costs for Building and Renovating Schools – Sacramento Taxpayer Group Tries New Tactic on School Bonds

September 10, 2014 • Issue 62
• Ex-Sweetwater chief, Convicted in Pay-to-Play Scandal – Ex-Schools Chief Must Forfeit Pension
• Securities & Exchange Commission Subpoenas in WCCUSD – Contracts Show School Board President, Not District, Client of Brother’s Law Firm
• ‘Enhanced’ Audit Approved for West Contra Costa District’s Bond Program

July 28, 2014 • Issue 61
• San Diego School Bond Transparency Scorecard Update – School Bond Programs are More Transparent, Study Shows
• Acalanes district seeks to validate bond issuance exceeding promised tax rate

July 14, 2014 • Issue 60
• Legislative Update|Assembly Bill 2235 California School Bond Measure Advances
• SEC Charges School District with Misleading Investors – SEC and California District Settle Dispute

June 30, 2014 • Issue 59
• CCC Grand Jury Capital Appreciation Bonds Report 1411 – Grand Jury to Contra Costa County School Districts: Stop Using Capital Appreciation Bonds
• CBOC Member Reappointed After School Board Removed Him – L.A. Unified Watchdog Back on the Job

June 16, 2014 • Issue 58
• Pay to Play in School Bond Measures – What it is and Why it is Wrong 
• Pay to Play | Sweetwater UHD Joins Contractor Lawsuit – With Guilty Board Members Gone, District Seeks Tainted Funds Back
• 99% of Funds can go for Construc<on with “Pay-As-You-Go” – Public Eye: San Juan aims to pay off school bond debt more quickly

May 30, 2014 • Issue 57
West Contra Costa USD Revises CBOC’s Agenda – Bond Oversight Commi9ee ‘Mad as Hell’
• West Contra Costa USD – Support for Kids or ‘Pay to Play’ – School Bond Program Draws Massive Campaign Spending by Contract Recipients
• West Contra Costa USD – 7th Bond Measure – Pricey School Construction Spending Draws Scrutiny in Bond Measure

May 1, 2014 • Issue 55
Pay-to-Play | San Diego South County School Districts – San Ysidro trustee steps down after all

April 28, 2014 • Issue 54
• Pay-to-Play | Bill Would Amend the Political Reform Act Sweetwater-Inspired Reform Bill Advances 

April 21, 2014 • Issue 53
• Pay-to-Play | Bond Firm’s Hospitality Under Review State to Probe Dinner for School Officials

April 10, 2014 • Issue 52
• Law firm says bond oversight committees don’t need to file disclosure forms
• San Diego County – Ex-Sweetwater officials plead guilty

 

 

 


2013 

December 17, 2013 • Issue 51
• Sweetwater Trustees Going to Trial
• The District’s Bait and Switch Problem
• Investigation into School’s Fire Alarms

November 7, 2013 • Issue 50
• Spending of San Jose Evergreen College District Bond Money Questioned
• South Bay Judge Upholds Majority of Indictments in Pay-to-Play

October 7, 2013 • Issue 49
• AB-182 Approved – Big School Bond Bill Paves the Way for Change – With Caveats
• SEC Charges Indiana School District and Municipal Bond Underwriter with Fraud

September 5, 2013 • Issue 48
• Legislative Updates
• Bonds for Short Lived Technology LAUSD to equip every student with iPads
• Lockyer Urges Cleaning Up School Bond Deals

July 9, 2013 • Issue 47
• Legislative Update: AB 182. Capital Appreciation Bonds
• San Diego Grand Jury Transcripts – Sweetwater & Southwestern
Whole set of South County transcripts
• San Diego County Grand Jury Transcripts Released
Witness: District pushed poor underwriter

May 31, 2013 • Issue 46
• 2012/2013 San Diego County Grand Jury Report – May 22, 2013 “School District District Dilemma – Bonds or Bondage?”
• Judge Releases San Diego County Grand Jury Testimony Contractor: ‘They drank all my liquor’ – He says South County officials favored vendors who gave

May 6, 2013 • Issue 45
• Districts Cannot Spend Bond Money on Projects Not Disclosed to Voters

April 30, 2013 • Issue 44
• Texas Joins Lockyer Targe?ng Bonds Fueling Schools: Muni Credit
• State Assembly passes bill aimed to curtail school district debt burden

April 25, 2013 • Issue 43
• Lawsuit Says Financial Advisor ‘Duped’ School District into Overpaying

February 19, 2013 • Issue 42
• LAUSD Approves $50M for Computer Tablets
• Plan to supply LAUSD students with Apple iPads or other tablet computers wins key vote

February 4 , 2013 • Issue 41
• Controversial School Bonds Create ‘Debt for the Next Generation’
• Bill Aims to Limit Schools’ Limit Capital Appreciation Bonds
• Legislative Update: Capital Appreciation Bonds

January 22, 2013 • Issue 40
• State Moves to Block ‘High-Cost’ Capital Appreciation Bonds

January 9, 2013 • Issue 39
• San Diego County – 232 Criminal Charges in South Bay Corruption Case
• Fresno Construction Company Sues Fresno Unified

2012

December 31, 2012 • Issue 38
• Districts Face Questions in Spending Long-term Bonds for Short-Lived Technology
• Grand Jury Indicts New Defendants in South County Corruption Probe

December 4, 2012 • Issue 35
• Dozens of Bay Area districts have used a risky and costly form of financing
• Borrowing Millions, Paying Many Times More: Taxpayers On Hook For Risky School Bonds

October 24, 2012 • Issue 29
• State Treasurer: Fire Poway Bond Staff
• Sweetwater Board Takes Heat at Meeting

October 17, 2012 • Issue 28
• Sweetwater’s Ed Brand Seeks to Remove CBOC Members
• Sweetwater CBOC Chair’s Report Performance Audit Scope of Work and Approach
• CBOC Chair’s Report to School Board Oct. 15, 2012
• Imperial County Earthquakes Highlight UnresolvedSchool Risks

October 10, 2012 • Issue 27
• Understanding School Bond Finance, 9 Key Questions (and Answers!) on Poway’s BigBorrowing
• Fontina District, School Financing Methods Attracting Attention
• Toxic Capital Appreciation Bonds (CABs)

October 2, 2012 • Issue 26
• Municipal Securities Rulemaking Board, MSRB Regulators urged to crack down on donations to bond measures
• How to Check Suspect Campaign Contributions

September 25, 2012 • Issue 25
• What’s Really Exotic About Poway’s Bonds: Millions in Extra Cash
Sweetwater School Board Hires Brand asSuperintendent Despite Discontent
• Sweetwater School Board Hires Brand as Superintendent Despite Discontent

September 17, 2012 • Issue 24
• Sweetwater’s Superintendent Accused of Lacking “Truth, Transparency and Thoroughness”
• Poway Hires Forensic Accountant to Review Borrowing

August 27, 2012 • Issue 21
• Lawmaker sought to stop controversial
bond financing
• CaLBOC Co-Sponsored Legislation
• Poway in the News, Capital Appreciation Bonds Schools Pass Debt to Next Generation

August 20, 2012 • Issue 20
• Municipal Securities Rulemaking Board Dealers Bond Ballot Contributions
• Brown Act, Bill Offers Cease & Desist Solution
• On Shaky Ground – Seismic Safety of Public Schools Assembly to decide future of school seismic safety bill

August 14, 2012 • Issue 19
• Capital Appreciation Bonds, CNBC: Borrowing $105 Million for $1 Billion, Poway School District
• California Schools Barring Taxes Push Bills To 2051
• Study of L.A. Unified’s $19.5 billion school construction project

August 7, 2012 • Issue 18
• Where Borrowing $105 Million Will Cost $1 Billion: Poway Schools
• Teacher Layoffs, New Buildings Despite tough times for education, construction and renovation projects continue

July 31, 2012 • Issue 17
Brown Act update: Less Transparent Government Not an Option for School Boards
• Bold reform, better planning needed for constructing schools of the future
• Legislative Update – AB No. 1199

July 2, 2012 • Issue 13
• State Announces $637.6 Million for Shovel-Ready School Construction Projects
• Pasadena City College Board of TrusteesFire School Official Linked to Bribery Case

June 27, 2012 • Issue 12
• Watchdogs Over School Bonds

June 18, 2012 • Issue 11
School bond watchdog rule unenforced

June 11, 2012 • Issue 10
• Contra Costa County Grand Jury Report 1208 School Bond Oversight Committees Raising the Bar
• School bond measures receive donations from contractors

June 4, 2012 • Issue 9
Contra Costa County Grand Jury Report 1208, Raising the Bar

May 29, 2012 • Issue 8
• Another contractor pleads out in corruption probe
• Blog Postings

May 22, 2012 • Issue 7
Bond firms’ campaign gifts linked to sales pacts

May 7, 2012 • Issue 6
Audits and Oversight

April 16, 2012 • Issue 3
Alternative and Unconventional School Bond Financing Structures

April 2, 2012 • Issue 1
The California League of Bond Oversight Committees’ First Newsletter