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Committee reviews Measure O spending; staff confirms bond-tracking system and will report interest rates
Summary
The Bond Committee reviewed Measure O series and funds and heard that a bond tracking system has been purchased and staff training is underway; Assistant Superintendent Jessica Villareal said she would research account interest rates and report at the next meeting.
The Bond Committee reviewed Measure O expenditures across multiple bond series (Series 2017A Fund 2104; Series 2019B Fund 2107; Series 2020C Fund 2108; Series 2020D Fund 2109; Series 2020E Fund 2110). Committee member John Trujillo emphasized the need for a centralized bond tracking system to monitor expenditures across those funds.
Assistant Superintendent Jessica Villareal told the committee that a bond tracking system has been purchased and that staff training is underway. Committee member Jovita Camacho asked about interest rates on bond accounts; Villareal said she would research the interest-rate information and report back at the committee’s next meeting on Dec. 10, 2025.
