Bond Oversight

Measure I Dollars at Work

Description of Measure I

On November 6, 2018, the voters within the borders of the Shoreline Unified School District approved Measure I which provided up to $19,500,000 in funding. The funds are being used for many projects around the district.

The Boys’ and Girls’ Locker Rooms at Tomales High School were completely remodeled, with upgrades to disability access, improved public access to restrooms during sports competitions, and increased storage. Windows were upgraded to improve energy efficiency. A number of repairs were made to the roof and mansard. The exterior of all buildings was painted.

At Tomales Elementary School an unsafe and unattractive gym/MPR floor was replaced, new bleachers installed with appropriate handicapped access, and the interior of the gym/MPR was painted and rehabilitated. New energy efficient windows were installed on the primary portion of the campus. Numerous repairs to the roof were completed, as well as improved handicapped parking access provided.

Two, outdated modular classrooms were replaced at West Marin School, one of which was relocated to a more central siting (minimizing electrical, septic, and plumbing costs, as well as site preparation). Old HVAC units were replaced. The fire alarm system was updated to code, and handicapped access was improved in the restrooms as well as in in the parking lot.

Repairs to the roof and siding were completed at Inverness School. The fire alarm was replaced, and improvements were made to handicapped access.

At Bodega Bay School an aging modular building was demolished and replaced. Site preparation, improved handicapped access, and other necessary upgrades were completed to affect the building replacement. The new modular classroom houses the Bodega Bay Preschool and provides office space for administration and other student services.

The Transportation Office was updated and rejuvenated. Improved digital infrastructure was installed. Repairs to the roof were completed.

Measure I Bond Citizens’ Oversight Committee

As outlined in Education Code Section 15278, a Citizens Oversight Committee (COC) was formed by the Shoreline Unified School District’s Board of Trustees.  The COC is composed of members that represent the business community, senior citizens, and taxpayers.

The purpose of the COC is to inform the public concerning the expenditure of bond revenues. The COC shall actively review and report on the proper expenditure of taxpayers' money for school construction. The COC shall advise the public on the District’s compliance with the expenditure requirements.

Some of the responsibilities may include providing oversight in the following areas:

(1) Ensure bond revenues are expended only for the purposes of construction, reconstruction, rehabilitation or replacement of District facilities as outlined in the ballot language.

(2) Ensure no funds are to be used for teacher or administrator salaries or other District operating expenses.

To carry out its role, the COC has:

(1) Received and reviewed copies of the annual, independent performance audit.

(2) Received and reviewed copies of the annual, independent financial audit.

(3) Inspected school facilities and grounds to view completed projects, projects in process and location of future projects.

(4) Reviewed efforts of the District to maximize bond proceeds by applying for matching funds and/or implementing cost effectiveness in the construction schedules.

Citizens' Oversight Committee Meetings:

Click HERE to Join Meeting or call 1-669-900-6833 and use meeting ID: 849 9215 1062 Passcode: 598237870

September 12, 2023 at 3:00pm - Agenda

March 29, 2023 at 2:00pm - Agenda

September 30, 2022 at 2:00pm - Agenda

June 24, 2022 at 2:00pm - Agenda

March 25, 2022 - Agenda

September 24, 2021 - Agenda

March 26, 2021 - Agenda

December 18, 2020 - Agenda

September 25, 2020

July 31, 2020 - Agenda

Issuance of Measure D Bonds:

The Measure I 2018 A series bonds were issued in February 2019 in the amount of $7.5 million. Another $12 million dollars were issued in April 2020 as the 2018 B series bonds. The proceeds from the bond authorization have been allocated based on the spending plan authorized by the Board of Trustees. The debt repayment for the bond is funded by the property taxpayers that reside within the boundaries of the Shoreline Unified School District.

The bonds were issued in the most fiscally prudent manner, utilizing economically sound instruments for the taxpayers. Highly competitive fees were negotiated with the District’s consultants including bond underwriter, financial advisor and bond counsel.

Financial and Performance Review and Audit:

The accounting firm of Christy White conducted both a financial and a performance review and audit of the bond expenditures and activities. The firm found that the bond fund financial statements present fairly the financial position and results of the operations of the fund. The audit reported no findings.