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Bond committee reviews Measure O expenditures across prior series
Summary
Committee members reviewed Measure O expenditures for Series 2017A (Fund 2104), 2019B (Fund 2107), 2020C (Fund 2108), 2020D (Fund 2109) and 2020E (Fund 2110), and noted the district is closing older bonds to focus on Series 2022.
The Bond Committee reviewed Measure O expenditures across several previously issued bond series and associated funds: Series 2017A (Fund 2104), Series 2019B (Fund 2107), Series 2020C (Fund 2108), Series 2020D (Fund 2109), and Series 2020E (Fund 2110). The minutes state the district is working to close out existing bonds to concentrate resources on Series 2022.
Committee discussion noted reimbursements from state grants and developer fees are included in long-range cost projections in the Master Facility Plan, which staff said remains a living document and will be updated as project needs evolve.
