The Citizens’ Oversight Committee is pleased to report that the market challenges facing the construction program are being favorably addressed by the District through cost mitigation and revenue enhancement initiatives.
Contents: Construction Update Program Timeline Current Project Status Accomplishments Budget Overview MAIN PAGE |
Citizens' Oversight Committee (COC) Members:
Kathy Frost
Andrew Berg
Chrissa Corday
Lee Dulgeroff
Tony Heinrichs
Fred Sanford
John Collins (COC Secretary/
Deputy Superintendent)
Contact the Citizens’ Oversight Committee
Mailing Address:
Citizens’ Oversight Committee Poway Unified School District
13626 Twin Peaks Road
Poway, CA 92064-3034
Phone: 858-679-2622
email: propuinfo@powayusd.com
Citizens’ Oversight Committee meetings are open to the public. Check the website for meeting
times, minutes and agendas.
www.pusd.info/news/coc/
Websites:
Citizens' Oversight Committee:
www.pusd.info/news/coc/
Bond program and project information:
www.powayusd.com/bond
COC Community
Report
Winter 2004
COC Community
Report
Winter 2003
COC Community Report
Summer 2004
| BUDGET OVERVIEW In November 2002, voters approved a $198 million local facilities bond, Proposition U. The Proposition U Building for Success program revenue sources include Proposition U bond funds, state funds, and other District funding. |
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| REVENUES | As of December 31, 2004 |
| First Bond Sale | $ 75,000,000 |
| Bridge Financing | $ 75,000,000 |
| Interest on Funds | $ 2,054,711 |
| Additional Capital Funds | $ 24,200,000 |
| Total Funds Available | $176,254,711 |
| Commitments | $ 128,647,825 |
| EXPENDITURES | As of August 14, 2005 |
| Total Expenditures to Date: | $ 72,587,468 |
| Second Bond Sale of approximately $45 Million scheduled for Spring 2006 | |
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