What are the major responsibilities for a Bond Oversight Committee?
1. Prepare and publish an Annual Report
2. Hold meetings at least once a year.
3. Follow the Brown Act (e.g., Open and noticed meetings, published Agendas)
4. Consist of a minimum of seven members with five requirements as follows:
- One-member active in a business organization representing the business community located within the district.
- One-member active in a senior citizens’ organization.
- One-member active in a bona fide taxpayer’s organization.
- One member who is the parent or guardian of a child enrolled in the district: and
- (For Community College: student currently both enrolled and active in community college group.)
- One member who is both a parent or guardian of a child enrolled in the district and active in a parent-teacher organization.
- (For Community College: member active in the support and organization of a community college or community colleges of the district.)
- The remaining two members are “at large” community positions.
5. Receive and review Annual Performance and Financial Audits
6. Provide an Annual Compliance Opinion.
