(PRWEB) May 04, 2012
School construction is big business and may have very limited oversight. *From 1996 to 2006, California voters approved nearly $100 billion in school construction bonds at the state and local level. Approximately one billion dollars of new school construction bonds were approved in 2011 alone. CaLBOC helps promote school district accountability by improving the training and resources available to California’s required Proposition 39 school bond Citizens’ Oversight Committees (CBOCs). Volunteer members of CBOCs may be overseeing multi-million dollar school construction programs in their district without much training or support.
Special guest speakers:
Mark Saladino the County Treasurer-Tax Collector, County of Los Angeles, L.A., will discuss alternative and unconventional school bond financing structures. Mark will cover four actual case studies of transactions that were found to be objectionable that were restructured to save local property owners huge amounts of money.
Lori Raineri the President of Government Financial Strategies is a Certified Independent Public Finance Advisor and Certified Fraud Examiner. Lori will present case studies showing common financial inefficiencies and the resulting loss for taxpayers. Participants will get an understanding of bond financing techniques.
Conference topics include: • The History of CalBOC • Legislative Updates • Capital Appreciation Bonds • Bond Financing Structures • Forensic Accounting Tips • Best Practices for CBOCs – Sample Bylaws for CBOCs, Informing the Public: CBOC Website • A Premier of CaLBOC First Training video • And more!
To attend this free conference please register at: calboc.eventbrite.com
First Annual CaLBOC Statewide Conference
May 11, 2012, 10 am to 5:00 pm, Registration: 10:00 am, first speaker: 10:30 am.
Location: The Courtyard 1322 O Street Sacramento, CA 95814 (one block from Capitol Park)