A Citizens’ Bond Oversight Committee (CBOC) is a group of citizens appointed to oversee the expenditure of bond funds, ensuring they are used as intended and in compliance with the law, and to report their findings to the public.
Here’s a more detailed explanation:
- Purpose:
CBOCs are established to provide independent oversight of bond projects, ensuring that taxpayer money is spent responsibly and transparently.
- Key Responsibilities:
- Reviewing expenditure reports to ensure bond proceeds are used for the intended purposes.
- Monitoring the progress of bond projects.
- Providing information to the public about bond project progress and expenditures.
- Ensuring compliance with the California Education Code and the California Constitution.
- Membership:
CBOC members are typically appointed by the governing board (e.g., school board, community college board) and are meant to represent a variety of community interests.
- Open Meetings:
CBOC meetings are generally open to the public, and agendas and minutes are often posted online.
- Reporting:
CBOCs are required to issue annual reports to the governing board and the public, outlining their activities and findings.
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