Measure C Annual Report Outlines Spending of Bond Funds        

 

The Coast Community College District’s Measure C Citizens’ Oversight Committee released its annual report at the May 17 board meeting. The report details financial audit information and construction updates on various projects funded by the 2002 voter-approved Measure C General Obligation bond.  The projects are underway at the District’s three colleges – Coastline, Golden West and Orange Coast.

CONTACT:

Martha Parham
District Director,
Marketing and
Public Affairs
(714) 438-4605

May 25, 2006

NEWS

Measure C – a $370 million general obligation bond – was approved under the provisions of Proposition 39, the Strict Accountability in Local School Construction Bonds Act.  As required by Proposition 39, the Coast Community College District Board of Trustees appointed an independent committee of citizens to oversee the expenditure of all bond funds.

“The District has done an excellent job with the planning and management of the second phase of the Measure C bond funds,” said Lisa Silbar, committee chair.  “New facilities and technological upgrades have been completed at each campus and several more are underway.”

The report shows the financial and construction status of projects funded with monies issued during the second phase of the multi-year plan.  At years end, $82 million has been expended and a significant amount was encumbered for planned projects at the District’s three colleges.  “All of the money has been used for Measure C projects and not for administrators’ salaries,” said CM Brahmbhatt, vice chancellor at the District.  “We are committed to ensuring that these funds are spent as promised – on capital projects within the District.”

The report is available at the Coast Community College District offices in Costa Mesa and at various locations throughout the nine cities served by the District including the local Chambers of Commerce.  To obtain a copy of the report or for any questions, please contact the District at (714) 438-4600 or visit our website at www.cccd.edu/measurec.

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The Coast Community College District is the ninth largest community college district in the state in credit enrollment, serving 60,000 students each semester. The district is comprised of Coastline Community College headquartered in Fountain Valley, Golden West College in Huntington Beach and Orange Coast College in Costa Mesa.