California State law requires that an Independent Citizens’ Oversight Committee (ICOC) be appointed by the Board of Trustees within 60 days of certification of the election results being entered into the minutes, which occurred on January 17, 2017. The NUSD Board of Trustees appointed the ICOC on March 7, 2017.
The duties of the committee include:
-Actively reviewing and reporting on the proper expenditure of taxpayers’ money for school construction in accordance with voter-approved projects.
– Advising the public as to whether the school district is in compliance with the requirements of Article XIIIA, Section 1(b)(3), which provides that:
- Bond revenues are expended only for the purposes set out in Measure G,
- That no bond revenues are used for any teacher or administrative salaries or other school operating expenses, and
- An annual independent financial audit and independent performance audit is performed.
– Informing the public at least annually in a written report concerning the expenditure of bond proceeds.
The committee does not:
-Participate in the bond sale and issuance process or make decisions concerning the timing, terms or structure of a bond issuance.
-Determine how bond funds shall be spent, or the prioritization of projects.
-Select contractors or consultants for bond projects or participate in the negotiation or bid process.
Please contact Yancy Hawkins, Assistant Superintendent Business & Operations, with any questions at [email protected] or 415 897-4260.