CBOC Annual Report 2011-2012

Measure G - Bond Overview

as of June 30, 2012

Bond Authorization:$349,000,000
Interest Earned:$310,970
Total Bond Proceeds:$349,310,970

Total Bond Expenditures:
Bond Funds Remaining:

Annual Performance and Financial Audit

California Proposition 39, California Education Code Section 15278, and the Section 1(b)(3) of Article XIII A of the California Constitution requires annual performance and financial audits on use of general obligation bond proceeds. The performance and financial audits for the fiscal year ending June 30, 2012 were performed by an independent certified public accounting firm in accordance with generally accepted auditing standards and governmental auditing standards, issued by the Comptroller General of the United States. The audits indicate that, in all significant respects, the District expended the general obligation bond proceeds in accordance with the requirements of Proposition 39.

View the complete audit reports