Citizens' Oversight Committee

Overview

Citizens’ Oversight Committee

The Long Beach Community College District (the District) was successful at the elections conducted on February 5, 2008, in obtaining authorization from the District’s voters to issue up to $440,000,000 aggregate principal amount of the District’s general obligation bonds and again on June 7, 2016, in obtaining authorization from the District’s voters to issue up to $850,000,000 aggregate principal amount of the District’s general obligation bonds, each pursuant to a fifty-five percent (55%) vote.  The elections were conducted under Proposition 39, being chaptered as the Strict Accountability in Local School Construction Bonds Act of 2000, at Section 15264 et seq.  of the California Education Code (“Prop 39″).  The Board of Trustees of the Long Beach Community College District (“the Board”) hereby establishes and confirms the Citizens’ Oversight Committee (“the Committee”) which shall have the duties and rights set forth in these Bylaws.

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Futurist Trust Annual Statements

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Prop 39 Bond Audits

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COC Committee Meetings
Agendas & Minutes

The Citizens’ Oversight Committee is required to hold meetings in January and August of each year.  These months are selected since they follow the completion of the annual audits and beginning of the fiscal year, respectively.  The COC will receive quarterly expenditure reports for those quarters not covered during one of the mandatory meetings and will ratify all quarterly expenditure reports at the meetings.  Special meetings may be called by the COC Chair at any time for any reason and the District may call for a special meeting under special circumstances.​