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SFUSD auditors report clean Prop 39 bond audits for three bond measures
Summary
District auditors and the bond oversight committee told the board the Prop 39 financial and performance audits for the 2003, 2006 and 2011 bond measures found no findings after testing roughly 75–80% of expenditures, and oversight committee members praised staff stewardship.
Auditors presenting the annual Prop 39 facility bond audits told the San Francisco Unified School District board that the district’s financial and performance audits for bond measures passed in 2003, 2006 and 2011 were clean.
Chief facilities officer David Golden and auditors from VTD reported that the auditors sampled significant numbers of transactions—about 75% to 80% of bond expenditures—testing retention releases, bid awards and other procedures. Auditors said they found no findings across the three bond reports and that the bond oversight committee had reviewed and finalized the audits.
Board members and the superintendent praised the work of facilities staff, the auditors and oversight committee volunteers. “This is money we hold in public trust,” one commissioner said, thanking staff for rigorous stewardship of public dollars. The oversight committee member said the committee is a continuous learner and described the process as thorough and rewarding.
The presentation also included procedural notes about the oversight committee’s membership; staff said all statutory and board positions are filled except for the taxpayer organization representative, a role that is hard to fill statewide.
Board members had no substantive objections and thanked staff for a “clean audit,” noting the result supports public confidence in bond spending.
