Bond Oversight Done Right ______ _Issue 64 • September 18, 2023
3rd Annual Statewide Virtual Conference
October 14, 2023 • 10am - 1pm
"Independent Citizens' Oversight Committees"
AGENDA
■ 10:00 am • Welcome & Zoom Orientation
■ 10:10 am • KEYNOTE: Moss Adams, LLP.
"Bond Program Capital Program Management: Best Practices for Schools and Oversight Committees" Presentation will cover key capital-planning best practices, including:
• Comprehensive and systematic planning • Cost and budget management
• Procurement, contract-type strategies, and change orders
■ 10:55 am • The El Rancho Unified School District's Story:
• "How One CBOC Member Made a Difference!"
• Carolyn Castillo, CABOC President, Former El Rancho USD CBOC and school board member
■ 11:40 am • Ask the Experts Panel with Q&A
■ 12:25 pm • Bond Oversight Committee Academy Website Goes Live!
■ 12:40 pm • CABOC Annual Awards
■ 12:55 pm • Conference Evaluation
Registration on EventBrite
Tickets: $50 Individual • $100 Group tickets good for 2-15 attendees
Conference Highlight
The El Rancho Unified School District’s Story
How one CBOC Member Made a Difference
By: Carolyn Castillo, CABOC President, former El Rancho USD CBOC and
former El Rancho USD School Board Member
Getting involved as a community watchdog on a CBOC changed everything. A school bond is one of community taxpayers' most significant investments. School bond funds must be used for their intended purposes. As a CBOC member, I learned that poor management resulted in the waste of bond funds. I found problems and brought attention to change the direction of the construction program and helped to get a Fiscal Crisis and Management Assistance Team (FCMAT) fraud audit for the school district’s program. 
• In 2017, the CBOC committee was dissolved by the school board. The following year, I campaigned; was elected and served on the School Board from 2018 until 2022. During 2017–2018 I investigated and performed analysis to conclude in 2018 that there was waste and mismanagement of ER Bond Funds. By mid-2019, a FCMAT audit was initiated and completed, fraud was found due to mismanagement and waste.
• At the CABOC Annual conference I will cover details and the lessons learned that helped to get the ERUSD bond program back the on the right track.
Seeking Nominations for CABOC Awards
Annual awards for the performance of exemplary bond oversight in six categories will be presented at our Oct. 14th Conference. Self-nominations are encouraged.
  • CABOC Member of the Year: an active member committed to ensuring the independence of the bond oversight committee.
  • CBOC of the Year: a committee that advances bond oversight.
  • District of the Year: an open transparent district that has provided support and documentation for its independent bond oversight committee to perform its duties excellently.
  • CABOC Media: a reporter who has written article(s) focused on school bond oversight. 
  • CBOC Annual Report of the Year (New): Example of an outstanding annual report. 
  • Person of the Year: a person that has contributed to independent bond oversight. 

To submit a nomination please send a brief statement that describes the contributions your nominee has made and include your contact information. Send by September 30, 2023 to: info.caboc@gmail.com
CABOC Conference Video • August 19, 2023
“Supporting New CBOC Members Through Training”
CABOC | California Association of Bond Oversight Committees | E-mail | BondOversight.org