The Los Angeles Unified School District's citizen bond
oversight committee questioned on Wednesday how the district is spending voter-approved bond revenue and warned that it might run out of money before all projects are built.
In 1997, the Austin City Council created a Citizen Bond Advisory Committee (the committee) of local activists before its upcoming 1998 bond election.
City officials give much of the credit to the Citizen Bond Advisory Committee for not only seeking taxpayer input, but also creating the public support necessary for the impressive 100 percent passage of the bond package.
Interviews were conducted with the superintendent, a member of the citizen bond
promotion committee, a newspaper editor, and a banker from four Iowa school districts that held school bond elections in their communities between 1994 and 1998.
The Citizen Bond
program was thereby an unqualified success
5 million into building an elaborate new high school downtown without input from a citizen bond
Since the district's citizen bond
oversight committee voted unanimously against any use of Proposition BB money to fund Belmont, the district has few choices left to get the project under way.
A proposed capital plan totaling $300 million new schools will be reviewed by a citizen bond
advisory committee for a potential 2007 bond election.
By fostering this engagement, smart cities here could further strengthen citizen bonds
, allowing citizens and residents to influence decisions and make the cities more liveable, affordable, and sustainable by voicing their opinions through social media tools that are easily and widely accessible to everyone.
Among other things, the Energy Reform improves PEMEX's corporate governance, increases management's execution capacity in investment decisions, allows the company to provide incentives or make modifications to awarded contracts, and stipulates the issuance of citizen bonds
(debt securities which may be acquired by micro-investors and whose return is linked to PEMEX's performance).
The Vermont citizen bonds
now offered will be mini bonds, in $1,000 denominations.