Bond Financial & Performance Audits

Proposition 39 requires certain “accountability requirements.” One of the requirements is that East Side Union High School District “conduct an annual, independent performance audit to ensure that the funds have been expended only on the specific projects listed.” A related requirement is that the school district “conduct an annual, independent financial audit of the proceeds from the sale of the bonds until all of the proceeds have been expended for the school facilities projects.”

For 12 consecutive years, including the 2021-2022 audits, the bond has had clean audits on both its financial and performance audits with no findings. This notion is also recognized in the Annual Reports of the Citizens’ Bond Oversight Committee.

Beginning in 2012, the Financial Audits and Performance Audits were combined.