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This document outlines the requirements for K-12 and regional occupational programs in San Bernardino County regarding the disclosure of non-voter approved debt. It includes procedures for notifying the county superintendent and auditor about the issuance of such debt instruments, the necessary information to be provided, and timelines for compliance. It also addresses additional requirements for energy service contracts and the conditions under which districts with negative fiscal...
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What is disclosure of non-voter approved?
Disclosure of non-voter approved refers to the process by which a governmental entity reports financial information about debt or expenditures that have not been approved by voters through a ballot measure.
Who is required to file disclosure of non-voter approved?
Governmental entities, such as municipalities and district authorities, that issue debt or make expenditures without voter approval are required to file disclosure of non-voter approved.
How to fill out disclosure of non-voter approved?
To fill out the disclosure of non-voter approved, entities must complete a standardized form that includes details on the debt or expenditures, including the amount, purpose, and date of issuance or spending.
What is the purpose of disclosure of non-voter approved?
The purpose of disclosure of non-voter approved is to promote transparency and accountability in governmental financial activities, ensuring that the public is informed about commitments made without voter consent.
What information must be reported on disclosure of non-voter approved?
Information that must be reported includes the amount of debt issued, the purpose of the debt, details of non-voter approval, and any associated financial or operational impacts.
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