Board hears bond, asset‑management updates; district reports healthy cash‑flow

Board member Brandon Myers reported on bond and asset management committee activity at the Oct. 1 meeting, including recent project updates, security and maintenance concerns, and scheduled site tours to inform final recommendations on closed or consolidated properties.

Myers said the Citizens Bond Oversight Committee reviewed expenditures, confirmed electric marquees at schools, and that project staff clarified bond funds will not be used to move employees to the adult‑school site. The committee set a bond‑project site tour for Nov. 13 beginning at the district office; an earlier asset‑management tour of Highland (former Kelso) and Morningside was scheduled for Oct. 18 at 9:00 a.m. Myers also announced a membership change: Gladys Fuentes resigned and Shadana Holmes was appointed to represent landlord and renter interests, with formal approval pending at the asset management committee.

During follow‑up discussion board members raised green‑space concerns at Centinella, urging that future facility designs preserve play areas rather than paving them. Myers said the facilities committee has recommended more green space for future projects and that site visits are intended to inform such recommendations.

On finances, Rafael Guzman briefed the board on cash flow: he reported starting cash in August at about $129,000,000, with August ending cash near $124,000,000 after timing of revenues and expenses; Guzman said projected cash at fiscal year end was about $117,000,000. He emphasized cash‑flow differs from the budget and noted LCFF/state aid and local revenues affect monthly cash positions.

The board took the updates for information. No board action was recorded to change project scopes or cash projections; members asked staff to return with more detailed security funding options and continued updates on bond expenditures and site assessments.