Foothill-De Anza Community College District

Measure C Bond Expenditures as of June 30, 2013

Bond Authorization:$490,800,000
Interest Earned:$33,001,568
Reimbursement of General Fund:$271,818
Total Bond Funds:$524,073,386
Bond Expenditures for this Fiscal Year:$62,299,804

Total Bond Expenditures:
$323,928,786
Bond Funds Remaining:
$200,144,800
Total Expenditures By Category By Location

Annual Performance and Financial Audit

California Proposition 39 requires annual performance and financial audits on use of general obligation bond proceeds. The performance and financial audits for the fiscal year ending June 30, 2013, 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 audits is that the district expended the general obligation bond proceeds in accordance with the requirements of Proposition 39.

View the complete audit reports