Monitoring and Oversight of General Obligation Bonds to Improve Broward County Schools

Q1 (2023-2024)

/ Categories: Research, Broward BOC, Releases, BOC

The Broward County Public Schools (BCPS) Quarterly Report for Q1 2023-24, presented to the Bond Oversight Committee, marks the midpoint of the school year and Year 10 of the SMART Program. The report acknowledges Resolution 23-109 from May 9, 2023, which recognizes the efforts of the Bond Oversight Committee and Florida TaxWatch in overseeing the SMART Program and notes the Twentieth Statewide Grand Jury's identification of program deficiencies. The resolution sets an expectation for the SMART Program's completion by October 31, 2025, including financial close-out and full expenditure of General Obligation Bond funds. The report details various program aspects like safety improvements, technology upgrades, and budget activities, while addressing financial risks and the critical role of oversight committees.

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