The San José / Evergreen Citizens' Bond Oversight Committee is submitting this annual report on the District's two general obligation bond programs to the residents, taxpayers, and voters of the San José / Evergreen Community College District for the fiscal year 2011-2012.
In 2004, San José / Evergreen Community College District passed a $185M general obligation bond initiative, Measure G-2004. In November of 2010, the District passed Measure G-2010, a $268M general obligation bond initiative. These bond measures have the common goal of improving and equipping the teaching environments to better serve our students' needs. The Committee and the District wish to thank the community for their continued support of our students.
The Citizens' Bond Oversight Committee (CBOC) has the responsibility of providing oversight on both Measures G-2004 and G-2010. The principal duties of the Committee are to ensure that the bond proceeds have been expended for the purposes set forth in the ballot language for each bond, report the progress annually to the public and provide a compliance statement. The San José / Evergreen Community College District's Board of Trustees is responsible for monitoring the project list, the priority of projects and approval of budgets/spending levels of individual projects.
The committee is reporting the progress made during this fiscal year on both bond programs. Measure G-2004 saw the completion of a new Multi-Disciplinary + Arts building at San José City College. This new facility will house a multi-disciplinary wing and the Music, Fine Art & Ceramics departments. Also included in the project will be an Art Gallery and offices with support facilities for faculty who will be in this facility. With respect to Measure G-2010, the district completed the first major project under Measure G-2010, a new 1.4 megawatt solar panel system at Evergreen Valley College. This system will provide power for approximately 30% of annual campus needs.
The district issued the first two bond sales, Series A and Series B, under Measure G-2010 in the amount of seventy million dollars and twenty million dollars respectively. Series A will be used on "brick and mortar" projects while Series B funded an endowment for use on technology and small capital projects.
The Committee wishes to report that, to the best of its knowledge, the San José / Evergreen Community College District is in full compliance with the responsibilities as described in Article XIIIA, Section 1 (b)(3) of the California State Constitution, which address bonded indebtedness incurred by a community college district. We encourage the community to visit the Measure G web site for additional information about the projects and expenditures, as well as our planned meeting dates and times for the coming year.
Respectfully Submitted,
Kathy Kyne, Chairperson
SJECCD Measure G
Citizens’ Bond Oversight Committee
July 19, 2011
September 20, 2011
November 1, 2011
February 7, 2012
June 5, 2012
"San José City College and Evergreen Valley College Improvement Measure: To prepare students for jobs and transfer to four-year universities by:
• Building art, science and math classrooms and labs
• Expanding healthcare job training facilities
• Upgrading, acquiring, constructing and equipping facilities sites and classrooms.
Shall San José Evergreen Community College District issue $185 million in bonds, at legal rates, with citizen’s oversight, guaranteed annual audits, and no money for administrators' salaries and with increasing existing tax rates?"
In November 2004 the voters of San José and Milpitas approved Measure G-2004, a local General Obligation Bond, in the amount of $185 million. Measure G-2004 passed with a 65.39% approval by the communities of greater San José and Milpitas.
Total Bond Authorization |
$185,000,000 |
Interest Earned |
$7,851,547 |
Total Bond Proceeds |
$192,851,547 |
Total Bond Expenditures |
$144,774,815 |
Bond Funds Remaining |
$48,076,732 |
San Jose City College |
$90,891,832 |
Evergreen Valley College |
$61,368,182 |
District |
$39,855,878 |
Program Contingency |
$2,005,857 |
Total Budget* |
$194,121,750 |
*Note: The G-2004 Budgets and Expenditures include $1,270,202 in District Contributions
| San Jose City College | $67,130,897 |
Evergreen Valley College |
$51,850,445 |
District |
$27,063,675 |
Total Expenditures |
$146,045,017 |
California Proposition 39, California Education Code Section 15278, and the Section 1(b)(3) of Article XIII A of the California Constitution requires annual performance and financial audits on use of general obligation bond proceeds. The performance and financial audits for the fiscal year ending June 30, 2012 were performed by an independent certified public accounting firm in accordance with generally accepted auditing standards and governmental auditing standards, issued by the Comptroller General of the United States. The audits indicate that, in all significant respects, the District expended the general obligation bond proceeds in accordance with the requirements of Proposition 39.
San Jose City College |
Budget |
Expended |
% Expended |
Physical Education Gymnasium |
$19,984,479 |
$437,812 |
2.19% |
SJCC Modernization of Existing Facilities |
$455,653 |
$455,653 |
100% |
Minor Facilities Modification |
$192,672 |
$192,672 |
100% |
Humanities/ Art/ Math Buildings |
$30,868,757 |
$26,654,491 |
86.35% |
SJCC Facility Master Plan |
$619,597 |
$619,597 |
100% |
SJCC Campus Safety Upgrades |
$296,687 |
$296,687 |
100% |
SJCC Furniture & Equipment |
$199,326 |
$199,326 |
100% |
Multi-Use Athletic/Softball Field |
$5,656,437 |
$5,656,437 |
100% |
Maintenance & Operations Renovations |
$219,618 |
$219,618 |
100% |
Science and Math Educational Complex (Science Center) |
$19,189,964 |
$19,189,964 |
100% |
Cosmetology/Reprographics Remodel |
$5,631,580 |
$5,631,580 |
100% |
SJCC Utilities Infrastructure |
$3,562,632 |
$3,562,632 |
100% |
SJCC Site & Parking Improvements |
$1,999,037 |
$1,999,037 |
100% |
Career Technology (Applied Sciences) |
$1,538,948 |
$1,538,948 |
100% |
SJCC Voice Data Upgrades |
$476,443 |
$476,443 |
100% |
San Jose City College Totals |
$90,891,832 |
$67,130,897 |
73.86% |
Evergreen Valley College |
Budget |
Expended |
% Expended |
EVC Modernization of Existing Facilities |
$20,092,562 |
$17,763,833 |
88.41% |
EVC Site and Parking Improvements |
$5,223,397 |
$5,223,397 |
100% |
Health/Physical Educational Facilities |
$1,928,571 |
$1,928,571 |
100% |
EVC Furniture and Equipment |
$6,522,739 |
$596,890 |
9.15% |
EVC Utilities Infrastructure |
$4,028,849 |
$3,370,690 |
83.66% |
EVC Facilities Master Plan |
$313,797 |
$313,797 |
100% |
Arts Complex |
$20,717,707 |
$20,717,707 |
100% |
Student Services Renovation |
$919,275 |
$919,275 |
100% |
EVC Voice Data Upgrades |
$768,544 |
$768,544 |
100% |
EVC Campus Safety Upgrades |
$852,741 |
$247,741 |
29.05% |
Evergreen Valley College Totals: |
$61,368,181 |
$51,850,445 |
84.49% |
District |
Budget |
Expended |
% Expended |
North District Multi-Disciplinary Site/Building |
$10,000,000 |
$7,341 |
0.07% |
DW Project Admin & Other Operating Expenses |
$3,581,541 |
$3,053,500 |
85.26% |
District Office Renovation |
$3,045,712 |
$1,054,836 |
34.63% |
DW Legal Fees |
$628,066 |
$612,886 |
97.58% |
DW Technology Upgrades |
$8,140,804 |
$7,956,348 |
97.73% |
DW Safety/Security Improvements |
$2,158,743 |
$2,105,937 |
97.55% |
DW Sustainability Plan |
$1,288,469 |
$1,288,469 |
100% |
Scheduled Maintenance - Local Match |
$462,544 |
$462,544 |
100% |
Restructure Lease Revenue Bond |
$10,400,000 |
$10,400,000 |
100% |
DW Master Plan - District Standards |
$150,000 |
$121,814 |
81.21% |
District Totals |
$39,855,878 |
$27,063,675 |
67.90% |
|
|
|
|
Program Contingency |
$2,005,857 |
$0 |
0% |
"To better prepare San Jose City College / Evergreen Valley College students for good paying jobs and transfer to four-year colleges, shall San Jose Evergreen Community College District:
• Upgrade, acquire, construct energy-efficient, technology driven teaching classrooms, labs, sites, facilities/equipment for health/science, general education/job-training,
• Upgrade outdated electrical, plumbing, heating/ventilation systems,
by issuing $268 million in bonds at legal rates, qualifying for matching funds with citizen oversight, no money for administrator salaries, all funds staying local?"
Measure G-2010 passed with a 58.81% approval by the voters of greater San Jose and Milpitas. A Citizens' Bond Oversight Committee has been selected and approved by the Board of Trustees. This Citizens' Bond Oversight Committee will provide oversight on both Measure G-2004 and Measure G-2010.
Bond Authorization: |
$268,000,000 |
Interest Earned: |
$52,447 |
Total Bond Proceeds: |
$268,052,447 |
Total Bond Expenditures: |
$12,981,575 |
Bond Funds Remaining: |
$255,070,871 |
San Jose City College |
$78,637,845 |
Evergreen Valley College |
$143,436,085 |
District |
$37,263,225 |
Program Contingency |
$8,715,292 |
Total Budget |
$268,052,447 |
San Jose City College |
$447,147 |
Evergreen Valley College |
$9,474,996 |
District |
$3,059,432 |
Total Expenditures |
$12,981,575 |
California Proposition 39, California Education Code Section 15278, and the Section 1(b)(3) of Article XIII A of the California Constitution requires annual performance and financial audits on use of general obligation bond proceeds. The performance and financial audits for the fiscal year ending June 30, 2012 were performed by an independent certified public accounting firm in accordance with generally accepted auditing standards and governmental auditing standards, issued by the Comptroller General of the United States. The audits indicate that, in all significant respects, the District expended the general obligation bond proceeds in accordance with the requirements of Proposition 39.
San Jose City College |
Budget |
Expended |
Scheduled Maintenance |
$16,066,351 |
$147,765 |
IT & Tech Equipment |
$7,542,094 |
$258,681 |
Campus Site Improvements |
$6,193,648 |
$0 |
100-200-Boiler Plant Demo & New Parking Lot |
$2,638,897 |
$0 |
Group II Equipment |
$2,000,000 |
$0 |
Parking Lot & Street Maintenance |
$1,435,219 |
$0 |
Vehicular Circulation |
$1,286,250 |
$0 |
Theater Demo/New Parking Lot |
$1,135,129 |
$0 |
Demo 300, Aux Gym, Pool & Locker Room |
$981,882 |
$0 |
Physical Security |
$846,333 |
$40,573 |
Campus Generator |
$566,491 |
$0 |
Renovate Bldg. K |
$195,074 |
$0 |
Theater & Vocational Tech |
$29,986,341 |
$128 |
Utility Extension for New & Existing Bldgs. |
$3,996,843 |
$0 |
Campus Water System Mapping & Consolidation |
$428,094 |
$0 |
Demo Boiler Plant |
$0 |
$0 |
Exterior Lighting- Phase II |
$0 |
$0 |
Landscaping |
$0 |
$0 |
Irrigation |
$0 |
$0 |
Hardscape |
$0 |
$0 |
Wayfinding |
$0 |
$0 |
Energy Efficiency- Photovoltaic |
$0 |
$0 |
Vocational Technology Bldg. |
$0 |
$0 |
Mgmt. & Related Costs |
$0 |
$0 |
Renovate General Education Bldg. |
$0 |
$0 |
Campus Contingency |
$3,339,199 |
$0 |
San Jose City College Totals: |
$78,637,845 |
$447,147 |
Evergreen Valley College |
Budget |
Expended |
Scheduled Maintenance |
$16,066,351 |
$47,250 |
Engineering & Applied Technology |
$15,612,892 |
$0 |
Admin-Student Svcs Remodel |
$3,231,250 |
$688 |
IT & Tech Equipment |
$2,611,664 |
$0 |
Group II Equipment |
$2,000,000 |
$15,000 |
Physical Security |
$1,496,437 |
$0 |
Campus Wtr Svc Replacement |
$1,487,391 |
$0 |
Parking Lot & Street Mtc |
$1,423,40 |
$0 |
Demo- Roble/Acacia |
$1,147,115 |
$0 |
Repurpose Gullo II |
$318,955 |
$0 |
South Campus Development |
$49,077,229 |
$101,561 |
Central Plant- Remodel |
$14,035,022 |
$633,691 |
Campus Site Improvements |
$10,252,837 |
$79,709 |
Autotech |
$7,539,584 |
$103,481 |
Utilities Projects & Upgrades |
$1,325,753 |
$856 |
Energy Efficiency- Photovoltaic |
$9,656,401 |
$8,492,761 |
Hardscape- Circulation & Plazas |
$0 |
$0 |
Landscaping |
$0 |
$0 |
Irrigation |
$0 |
$0 |
Wayfinding |
$0 |
$0 |
Exterior Lighting- Phase II |
$0 |
$0 |
Vehicular Circulation |
$0 |
$0 |
GED 4 |
$0 |
$0 |
New Campus Police Bldg. |
$0 |
$0 |
Campus Contingency |
$6,153,797 |
$0 |
Evergreen Valley College Totals: |
$143,436,085 |
$9,474,996 |
District |
Budget |
Expended |
ITSS / RIE / EIS Software-Hardware |
$10,000,000 |
$24,200 |
Group II Equipment |
$2,000,000 |
$0 |
Vehicle Replacement |
$1,248,863 |
$147,963 |
Telecom Consolid/Antennas |
$450,188 |
$0 |
Controls Extension |
$446,397 |
$0 |
Property Acquis/Relo or Renov Distr Offices |
$7,630,000 |
$53,474 |
ITSS/EVC MDF Relo-Consolid |
$4,759,759 |
$0 |
District/D-W Contingency |
$616,820 |
$0 |
Mgmt & Related Costs |
$5,055,599 |
$1,244,075 |
Elctn/Lgl/EIR/DO Labor & related |
$5,055,599 |
$1,589,720 |
District Totals |
$37,263,225 |
$1,815,357 |
Program Contingency |
$8,715,292 |
$0 |
Featured Projects |
SJCC: Fine Arts and Multi-Disciplinary buildingBudget: $30,868,757 - Est. Completion Date: July 2012 |
|
EVC: Energy Efficiency - PhotovoltaicsBudget: $9,656,401 - Completion Date: September 2012 |