|
Bonds
and Construction - Measure F - Background on Oversight Committees
Measure
F
Citizens'
Bond
Oversight Committee
Additional Information
The San José Unified School District Measure F Independent Citizens
Bond Oversight Committee was created by the District Board of Trustees
as required by the Strict Accountability in Local School Construction
Bonds Act of 2000.  This act is chaptered as California Education
Code sections
15264-15276 ,
15278-15282 , and
15284-15288 .The Act requires the Committee to actively review and
report on the proper expenditure of taxpayers¹ money for school construction,
and asks the Committee to promptly alert the public to any waste or improper
expenditure of school construction bond money.
The Strict Accountability Act is legislation that accompanied a state
constitutional amendment, widely known as
Proposition 39 (which modified
Article XIIIA , Section 1.b.3 of the California Constitution), that
enables local school districts such as the San Jose Unified School District
to pass bonds payable through ad valorem property taxes by a 55% margin,
rather than the usual 2/3 required under Proposition 13.
In response to widespread public concern over improper, inefficient, and
sometimes corrupt handling of school bond funds, the Strict Accountability
Act requires a school district to adhere to a variety of strict accountability
measures, including but not limited to: (1) the creation of an independent
citizens' oversight committee; (2) an independent annual performance audit
to ensure that bond proceeds are spent only on the specific facilities
projects listed in
the ballot measure ; (3) an independent annual financial audit; and
(4) a right for individual taxpayers to file an expedited lawsuit to prevent
the misspenditure of bond funds.
|