The auditor issued an unqualified opinion that no deficiencies or unallowable expenses were discovered that should be charged to the Bond Program. The audit was received and accepted by the Board of Trustees in February 2014 and presented to the CBOC at the January 13, 2014 meeting.
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, 2013 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.