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Committee reviews Measure O expenditures; staff explains payroll allocation and rollover rules
Summary
Members reviewed Measure O series funds and asked for clarification about the 'Salaries and Professional Services' category; staff said the Project Assistant is funded 40% by bond funds and unspent bond funds roll over for up to three years after issuance.
The Bond Citizens Oversight Committee reviewed Measure O expenditures covering Series 2017A (Fund 2104), 2019B (Fund 2107), 2020C (Fund 2108), 2020D (Fund 2109), and 2020E (Fund 2110). Committee members examined line items and asked staff for clarifications about expense categories.
Member Jovita Camacho asked specifically about the 'Salaries and Professional Services' category. Jessica, a district staff member, explained that the category includes contracted services tied to bond-funded projects and that the Project Assistant position is funded on a 60/40 split, with 40% charged to bond funds; legal counsel has confirmed this allocation is appropriate. Jessica also told the committee that unspent bond funds remain available for up to three years after each bond issuance and will roll over until that timeframe expires.
