Solano College trustees to hear bond audit reports

By From page A3 | March 19, 2014

VACAVILLE — Solano Community College board members on Wednesday will hear both a Measure Q and a Measure G bond update pursuant to state law.

Proposition 39 was passed in 2000 to allow issuance of general obligation bonds by school districts, community colleges and county offices of education. Among other allowances, the bonds allowed for the construction, rehabilitation or replacement of a variety of school facilities.

The proposition requires annual, independent performance and financial audits to ensure that funds have been spent only on projects listed on the ballot and that proceeds from the sale of the bonds have been spent on school facility projects. The audit occurred between July 1, 2012, through June 30, 2013.

Solano College used Vavrinek, Trine, Day & Company LLP as the auditor for both bonds. Findings showed that for both measures, expenditures have been properly accounted for and expenditures were properly made for authorized projects.

The meeting will begin at 6:30 p.m. at the Vacaville Center, 2001 North Village Parkway, Room 140.

Reach Susan Winlow at 427-6955 or [email protected] Follow her on Twitter at www.twitter.com/swinlowdr.


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