1. An on-going fundraising mechanism for statewide higher education bonds

2. A structure for local community college districts to utilize for reporting purposes for their own local bond measures (available to members for cost).

3. Depending on the success of fundraising, a source for support for local bond measures.

The Board adopted a plan to activate the fundraising for the PAC, and established a goal to raise $1.0 million. This is an ambitious goal, but one that would create a very effective tool for securing more funds for community college facilities. Members and other districts will be contacted to implement the fundraising goal. CCFC will pay the cost of legal and accounting services for the PAC, so every penny contributed to the PAC will go toward the goal of the PAC without any overhead charges.

TWO POTENTIAL NOVEMBER 2000 BOND MEASURES INTRODUCED - Two measures have been introduced that could provide additional higher education capital outlay funds this November.

AB 2266 (Firebaugh), a bond measure similar to the one provided by Proposition 209 in 1996. It does not yet specify the amount of the bond for either K-12, or higher education, but clearly this measure is one to watch. The measure is sponsored by the Coalition for Adequate School Housing, and is geared toward replenishing rapidly depleting school modernization funds that were provided by Proposition 1A in November 1998. It is anticipated that those funds will be depleted at least a year before originally expected. Without a November 2000 bond, the K-12 facility program will be without funds for well over a year.

AB 2676 (Bock) which makes a technical change to the Higher Education Bond Act of 1992. Whether this is a spot bill for a higher education bond, is unclear, but amendment to the act after approval of the electorate is highly unusual. The other peculiarity is that the funds provided by the original act are virtually depleted, so the purpose of amending it is unclear. Thus our conclusion that it could be a spot bill for a higher education bond measure.

CCFC PAC RECEIVES FIRST CONTRIBUTION - Just after the CCFC Board meeting of February 23rd, the CCFC PAC received its first contribution of funds toward our $1.0 million goal. The contribution of $3,000 was from the Associated Student Body of Citrus Community College District. Our wholehearted thank you to the students of Citrus College - Only $997,000 to go.