College of Marin
Measure B
2024-2025 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 Citizens’ Bond Oversight Committee (CBOC) provides oversight for the general obligation bond program. The committee held three meetings during the 2024-2025 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
- 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
During the 2024-2025 fiscal year, major construction activity continued for the new Center for Student Success (CSS) located at the Kentfield Campus. Installation of the skylight glazing, elevator, and ceilings completed, along with continued progress on the building exterior, windows, and mechanical, electrical, and plumbing equipment. Additionally, the PE Complex Renovations project commenced, with major work completed on the Team Locker Rooms and Staff Locker Rooms over the summer.
The Citizens’ Bond Oversight Committee reviewed Measure B activities throughout the 2024-2025 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 website.
The Citizens’ Bond Oversight Committee thanks the community for their continued support.
Very truly yours,
Nancy McCarthy
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:
- Ericka Erickson, Support organization representative
(May 2025 - current) - Tom Greenfield, Senior citizens’ organization representative
(Mar 2023 - Mar 2025) - Jeff Gunderson, At-large representative
(Apr 2025 - current) - Heather Kernahan, At-large representative
(Mar 2023 - current) - Arthur Hu, Student organization representative
(Nov 2024 - Sep 2025) - Jason Lau, Support organization representative
(Apr 2019 - Apr 2025) - Nancy McCarthy, Taxpayers’ association representative
(Mar 2023 - current) - Randy Parent, At-large representative
(Mar 2023 - Jan 2025)
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, 2025
Bond Overview, as of June 30, 2025
| Bond Authorization | $265,000,000 |
| Interest Earned | $16,995,911 |
| Total Bond Funds*: | $281,995,910 |
|---|
| Total Bond Expenditures | $235,087,469 |
| Total Bond Funds Remaining*: | $46,908,441 |
|---|---|
| *Rounding factors may apply | |
Expenditures by Category, as of June 30, 2025
| Category | Expenditures |
|---|---|
| Architect & Engineering, Division State Architect, Oversight & Other | $56,040,430 |
| Construction & Contingency | $170,354,453 |
| Furniture & Equipment | $8,692,587 |
| Total Bond Expenditures*: | $235,087,469 |
| *Rounding factors may apply | |
Expenditures by Location, as of June 30, 2025
| Location | Expenditures | |
|---|---|---|
| Kentfield Campus | $132,861,062 | |
| Indian Valley Campus | $79,812,466 | |
| District & District-Wide | $22,413,941 | |
| Total Bond Expenditures*: | $235,087,469 | |
| *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, 2025, 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, 2025. View the complete audit reports
Featured Project
as of June 30, 2025
Center for Student Success
- Kentfield Campus Project
Measure B Budget: $117,388,236
Measure B Expenses: $92,770,335
Est. Completion date: January 2026
The Center for Student Success (CSS) project will provide a variety of spaces to accommodate a range of student, staff, faculty needs, including vocational education facilities and job training centers for 21st-century careers in technology, computers and engineering. The CSS will offer modernized and updated science classrooms and labs, 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. The new building will meet current earthquake, fire and safety codes, and provide access for disabled students.
Project goals include:
- Variety of spaces to accommodate range of student, staff, faculty needs
- Flexible, collaborative spaces as well as private/quiet spaces
- Inclusion of all students
- Better spaces for events
- Encourage connections across students, faculty, and staff
- Clear wayfinding and welcome point
- Use of indoor and outdoor spaces
Measure B Bond Project List
as of June 30, 2025
| Project Name | Budget | Expenditures |
|---|---|---|
| Kentfield Campus | ||
| Student Services | $825,130 | $331,366 |
| Baseball Field Safety Upgrades | $500,000 | $23,500 |
| Center for Student Success | $117,388,236 | $92,770,335 |
| Performing Arts Fire Curtain Replacement | $941,091 | $5,224 |
| PE Complex Renovations | $4,800,721 | $731,104 |
| Child Study Center | $18,889 | $18,889 |
| PE Complex/Pool Renovations | $496,318 | $496,318 |
| Performing Arts | $2,052,392 | $2,052,392 |
| Fine Arts | $117,882 | $117,882 |
| Science Math & Nursing | $219,938 | $219,938 |
| Maintenance & Operations Building and District Warehouse | $14,935,722 | $14,935,722 |
| Site Improvements and Utilities | $1,475,302 | $1,475,302 |
| Athletic Synthetic Turf Fields and Restroom/Storage Facilities | $13,403,112 | $13,403,112 |
| Fusselman Hall | $4,137,940 | $4,137,940 |
| Demolition of Kent Avenue Maintenance Facilities | $374,633 | $374,633 |
| Swing Space | $1,643,063 | $1,643,063 |
| Waterline and Mapping | $112,482 | $112,482 |
| 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 | $0 | $0 |
| Total Kentfield Campus | $163,454,712 | $132,861,062 |
| Indian Valley Campus | ||
| Organic Farm/Garden Enhancements | $4,421,362 | $4,171,362 |
| Building 17 / Fire Foundry | $1,116,367 | $300,376 |
| ADA Barrier Removal/Site Improvements | $6,292,304 | $6,292,304 |
| Jonas Center and Building 18 | $13,270,932 | $13,270,932 |
| Building 27 (Dental, EMT, Court Reporting, Library) | $132,184 | $132,184 |
| Pomo Cluster | $12,227,432 | $12,227,432 |
| Admin Cluster | $5,356,550 | $5,356,550 |
| Miwok Aquatics and Fitness Center | $35,620,116 | $35,620,116 |
| Building 12 | $410,276 | $410,276 |
| Demolition Project | $1,168,871 | $1,168,871 |
| Building 21 - Academic Labs | $767,747 | $767,747 |
| 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 | $0 | $0 |
| Total Indian Valley Campus: | $80,878,457 | $79,812,466 |
| District and District-Wide | ||
| Information Technology | $4,164,101 | $4,123,511 |
| Instructional and Other Equipment | $4,475,656 | $2,260,394 |
| Signage and Wayfinding | $151,227 | $51,227 |
| Bolinas Field Station | $3,018,407 | $2,999,902 |
| Environmental Impact Report | $65,675 | $65,675 |
| Campus Security | $704,149 | $704,149 |
| Property Acquisition | $10,037,507 | $10,037,507 |
| Small Capital Improvement Projects | $272,386 | $272,386 |
| District Vehicles | $300,000 | $300,000 |
| District Wide/Program Contingency | $10,422,569 | $0 |
| Program Management, District Staff | $3,436,300 | $1,599,191 |
| Unallocated Interest Earnings | $614,765 | $0 |
| District and District-Wide Total: | $37,662,742 | $22,413,941 |
| Measure B Total: | $281,995,910 | $235,087,469 |