Meetings of the COC
NEXT MEETING of the COC will be held on
Monday, February 9, 2015 at 5:00 pm at the District Office
in the Admin Building Conference Room
2013-2014 ANNUAL REPORT
On February 24, 2015, Citizens' Oversight Committee Chair Sam Zuccaro presented the Committee's Annual Report for the 2013-2014 fiscal year to the Fremont Union High School District's Board of Trustees. Mr. Zuccaro stated that this is the sixth annual report issued by the Committee and that there were no concerns from the auditors. He indicated that the Committee had met four times during the fiscal year and thanked the rest of the Committee for their commitment to the Bond Program. He also thanked District Staff for their support and partnership.
CLICK to download 2013-2014 Annual Report
2013-2014 Bond Audit
The District contracted with Vavrinek, Trine, Day & Co., LLP to perform the annual audit of the bond funds as well as to verify that the use of the funds is within the scope of the published election materials specifying the intended use of bond proceeds for the year ending June 30, 2014. The Citizens' Oversight Committee reviewed in detail a draft of the audit report. The Board of Trustees accepted the 2013-2014 Measure B General Obligation Bond Fund Annual Financial Report on December 9, 2014.
CLICK to download 2013-2014 Annual Financial Report
Measure B Citizens' Oversight Committee Overview
On June 3, 2008, the voters of the Fremont Union High School District approved Measure B authorizing the District to sell $198,000,000 of school bonds (“Bonds”) to pay for improvements to the District’s facilities.
A requirement of Measure B is to establish an independent Citizens' Oversight Committee (COC) to ensure that Bond funds are spent only for the purposes that the voters approved. The COC’s role is to review the annual independent audit of Bond expenditures and to take other actions reasonable to its purpose of ensuring that Bond funds are spent legally and the public is regularly informed. The District’s Board of Trustees has also chartered the COC to facilitate communication and understanding between the Board and the residents of the District, as a complement to the Board’s regular public meetings and citizen outreach efforts.
Although the COC may act as a communications channel to inform the District and the Board of community inputs or concerns, the COC is not a bond program advisory body and has no authority to make policy, make decisions or set priorities in the spending of bond funds or District operations.
The COC is expected to meet two to four times per year to fulfill its oversight function but may meet more or less often as it deems appropriate. The COC is required to publish an annual report of its findings. The initial term of committee service is two years. COC members receive no compensation for their participation.
The Board of Trustees received a packet of COC member applicants at its September 8, 2008 meeting. The Board will seat the COC no later than its September 23, 2008, Board meeting.