College of Marin
Measure B
2020-2021 Annual Report
Citizens' Bond Oversight Committee
Citizens' Bond Oversight Committee
Letter from Committee Chair
To: The Board of Trustees and Residents of the Marin Community College District
Marin County voters approved Measure B on June 7, 2016 for $265 million. This bond program’s purpose is to support the college in its work in providing modern, well-maintained educational facilities for the students of our community.
The Measure B-2016 Citizens’ Bond Oversight Committee (CBOC) provides oversight for the general obligation bond program. The committee held three meetings during the 2020-2021 fiscal year.
The primary duties of the committee are to:
- Review bond expenditures to ensure that proceeds have been expended for the purposes set forth in Measure B-2016
- Inform the public concerning the district’s expenditure of bond proceeds
- Present to the district’s governing board an annual report of the committee’s proceedings and activities of the previous fiscal year
- Provide a statement indicating whether the district is in compliance with bond requirements
In the 2020-2021 fiscal year, the construction of the New Miwok Center and Dive Center was well underway and moved toward completion after this reporting period. The new Maintenance & Operations Building and District Warehouse was completed, as well as the Jonas Center and Building 18 project. The design phase for the new Learning Resources Center (LRC) was started, along with the demolition of the old LRC and site preparations for the new facility. Please visit the Featured Projects section of this Annual Report for more information on this year’s bond project activities.
Additionally, the committee is pleased to report that the District locked in savings of over $11.7 million for local taxpayers by refinancing existing general obligation bonds. The District has taken advantage of previous refinancing opportunities since 2012, saving taxpayers over $34.3 million. The combined savings from all of the refinancing now totals over $46 million, which will be realized by District taxpayers in the form of lower property tax bills.
The Citizens’ Bond Oversight Committee reviewed Measure B-2016 activities throughout the 2020-2021 fiscal year. At these meetings, district and program management staff provided the committee with written and oral reports and presentations, as well as the financial and performance audit reports. Based on its review, the committee has concluded that the district is in compliance with the requirements of Article XIIIA, Section 1(b)(3) of the California constitution.
For more information regarding the committee’s proceedings, meeting minutes and agendas please visit the Measure B-2016 website.
The Measure B-2016 Citizens’ Bond Oversight Committee thanks the community for their continued support.
Very truly yours,
Margaret De Somma
Committee Chair
Committee Members
Citizens’ Bond Oversight Committee members are appointed by the Board of Trustees. The following members were active during the past fiscal year:
- Margaret De SommaAt-large representative
- Jeff GundersonAt-large representative
- Janelle LaChauxStudent representative
- Jason LauSupport organization representative
- Paul PremoTaxpayers’ association representative
- Eric D. Sitzenstatter, Jr.Senior citizens’ organization representative
Committee Meetings
The committee meets on a quarterly basis, with meetings open to the public. For a listing of meetings and proceedings please visit the committee meeting page.
About Measure B
To provide modern, well-maintained educational facilities for our students, Measure B will:
- Repair and upgrade classrooms, science labs, vocational education facilities and job training centers for 21st-century careers in technology, computers and engineering
- Repair or replace leaking roofs
- Modernize and update science classrooms and labs
- Update classrooms and educational facilities to meet current earthquake, fire and safety codes
- Update campus facilities to provide access for disabled students
Measure B Bond Expenditures
as of June 30, 2021
Bond Overview, as of June 30, 2021
| Bond Authorization | $265,000,000 |
| Interest Earned | $8,045,134 |
| Total Bond Funds*: | $273,045,134 |
|---|
| Total Bond Expenditures | $138,870,008 |
| Total Bond Funds Remaining*: | $134,175,126 |
|---|---|
| *Rounding factors may apply | |
Expenditures by Category, as of June 30, 2021
| Category | Expenditures |
|---|---|
| Architect & Engineering, Division State Architect, Oversight & Other | $39,392,259 |
| Construction & Contingency | $92,592,340 |
| Furniture & Equipment | $6,885,409 |
| Total Bond Expenditures*: | $138,870,008 |
| *Rounding factors may apply | |
Expenditures by Location, as of June 30, 2021
| Location | Expenditures | |
|---|---|---|
| Kentfield Campus | $49,380,200 | |
| Indian Valley Campus | $72,037,893 | |
| District | $17,451,915 | |
| Total Bond Expenditures*: | $138,870,008 | |
| *Rounding factors may apply | ||
California Proposition 39 requires annual performance and financial audits. The performance and financial audits for the fiscal year ending June 30, 2021, 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 result of the performance audits for Measure B is that the district spent the general obligation bond proceeds in accordance with the requirements of Proposition 39. The District received an unmodified opinion in the financial statement audit of Measure B general obligation bond activity for the year ended June 30, 2021. View the complete audit reports
Featured Projects
As of June 30, 2021
Miwok Aquatics and Fitness Center
Location: Indian Valley Campus
Measure B Budget: $34,756,945
Fiscal Year Expenses: $5,278,557
Completion date: September 2021
The all new Miwok Aquatics and Fitness Center provides programs for wellness, recreation, aquatics, athletics and kinesiology, and is designed for students and community access. The project includes rooms for fitness classes, an olympic size pool, warm up/lap pool, wellness center and dive center.
Learning Resources Center
Location: Kentfield Campus
Measure B Budget: $90,477,357
Fiscal Year Expenses: $2,127,646
Completion date: March 2026
The Jonas Center and Building 18 project is a multi-purpose facility to seat at least 250-275 for seated dinner, commercial kitchen, prep kitchen, stage, and meeting and support spaces, etc.
Jonas Center and Building 18
Location: Indian Valley Campus
Measure B Budget: $13,434,675
Measure B Expenses: $13,211,626
Completion date: August 2021
The Learning Resources Center (LRC) project will provide a variety of spaces to accommodate a range of student, staff, faculty needs. The LRC will offer flexible and collaborative spaces, as well as private/quiet spaces, better spaces for events, and is designed to encourage connections across students, faculty, and staff.
Measure B Bond Project List
as of June 30, 2021
| Project Name | Budget | Expenditures |
|---|---|---|
| Kentfield Campus | ||
| Student Services | $827,950 | $327,950 |
| Fine Arts | $354,429 | $117,883 |
| Science Math & Nursing | $316,574 | $219,968 |
| Learning Resources Center | $90,477,357 | $10,329,787 |
| PE Complex/Pool Renovations | $629,595 | $385,224 |
| Site Improvements and Utilities | $2,968,393 | $1,465,817 |
| Child Study Center | $18,890 | $18,890 |
| Performing Arts | $2,052,709 | $2,054,713 |
| Maintenance & Operations Building and District Warehouse | $15,312,307 | $14,883,038 |
| Athletic Synthetic Turf Fields and Restroom/Storage Facilities | $13,403,364 | $13,403,364 |
| Fusselman Hall | $4,273,911 | $4,143,152 |
| Demolition of Kent Avenue Maintenance Facilities | $375,265 | $375,265 |
| Swing Space | $1,674,237 | $1,643,292 |
| Academic Center Expansion (Consolidated) | $5,017 | $5,017 |
| Corte Madera Creek Mitigation (Deferred) | $5,814 | $5,814 |
| Village Square Replacement (Deferred) | $1,027 | $1,027 |
| Parking Structure (Deferred) | $0 | $0 |
| Campus Contingency - Kentfield Campus | $5,625,000 | $0 |
| Total Kentfield Campus | $138,321,840 | $49,380,200 |
| Indian Valley Campus | ||
| Admin Cluster | $5,634,109 | $5,356,662 |
| Building 12 | $1,130,693 | $410,462 |
| Building 17 | $107,354 | $106,954 |
| Building 21 (Child Care Center & Academic Labs) | $349,228 | $101 |
| Pomo Cluster | $14,287,300 | $12,092,024 |
| ADA Barrier Removal/Site Improvements | $6,416,413 | $6,248,940 |
| Miwok Aquatics and Fitness Center | $34,756,945 | $29,042,502 |
| Organic Farm/Garden Enhancements | $4,173,939 | $4,173,745 |
| Jonas Center and Building 18 | $13,434,675 | $13,211,626 |
| Building 27 (Dental, EMT, Court Reporting, Library) | $131,688 | $131,688 |
| Demolition Project | $1,168,873 | $1,168,873 |
| Maintenance & Operations Building (Consolidated) | $0 | $0 |
| Storage (Consolidated) | $0 | $0 |
| New Aquatics Center (Consolidated) | $0 | $0 |
| Building 18 (Ohlone Cluster) (Consolidated) | $0 | $0 |
| Building 21 (Old Pool Building) (Consolidated) | $0 | $0 |
| IVC Tree Study and Removal Project (Cancelled) | $0 | $0 |
| Outdoor Amphitheater (Deferred) | $94,316 | $94,316 |
| Campus Contingency - Indian Valley Campus | $1,150,883 | $0 |
| Total Indian Valley Campus: | $82,836,414 | $72,037,893 |
| District | ||
| Environmental Impact Report | $252,625 | $112,091 |
| Information Technology | $4,049,115 | $3,208,237 |
| Instructional and Other Equipment | $8,501,907 | $2,001,095 |
| Campus Security | $713,651 | $704,151 |
| Bolinas Marine Laboratory | $2,923,829 | $450,635 |
| Property Acquisition | $12,196,097 | $9,274,994 |
| Small Capital Repair Projects | $16,588,571 | $2,771 |
| District Wide/Program Contingency | $3,605,690 | $0 |
| Program Management, District Staff | $2,617,258 | $1,697,941 |
| District Total: | $51,448,742 | $17,451,915 |
| Measure B Total: | $273,045,134 | $138,870,008 |