Mill Bond Ad Hoc Oversight Committee

Contact the Mill Bond Oversight Ad Hoc Committee

If you have questions for the MBOC, please email MBOC@dcsdk12.org.



Upcoming MBOC Meeting

The next scheduled MBOC meeting will be on September 25, 2019 from 6:00-8:00 p.m. at the Wilcox Building, Boardroom, 620 Wilcox Street, Castle Rock CO 80104.  

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Mill Bond Oversight Ad Hoc Committee

In November 2018, voters approved additional funding for Douglas County School District (DCSD) in the form of a $40 million Mill Levy Override and a $250 million Bond Measure. In return, DCSD promised to create a Mill and Bond Oversight Committee that will help ensure that each dollar is spent as outlined on the ballot.

Charge of the MBOC

The charge of the MBOC shall be to become familiar with the 2018 Mill Levy Override (MLO) and bond (Bond) program and project list, monitor the progress of the improvements and programs being implemented, ensure MLO/Bond expenditures are in alignment with ballot language approved by voters. 

Committee Term

The MBOC will sunset December 31, 2022, with an option to extend if needed, as determined by the Board of Education.


Responsibilities

The responsibilities of the MBOC include

  • Assisting the BOE in fulfilling its responsibility to provide transparency and assurance that mill levy and general obligation bond funds, approved by Douglas County voters in November 2018, are spent as intended and represented to the voters
  • Reporting periodically, at least annually, to the BOE regarding the status of MLO/Bond expenditures
  • Assisting in maintaining public trust and confidence in the District through active involvement in MLO/Bond project communications
  • Meeting regularly to review progress to date
  • Reviewing MLO/Bond expenditures for alignment with ballot language approved by voters
  • Participating in scheduled site visits during construction, as invited by the DCSD Chief Operations Officer
  • Reviewing the Chief Financial Officer’s recommendations for maintaining congruence between financial statements and identified spending of MLO/Bond funding
  • Reviewing the ongoing master schedule of projects
  • Providing regular updates to the DCSD Communications Team that can be shared with the community