Two North County residents have been appointed to the Independent Citizens’ Bond Oversight Committee (ICBOC) for the MiraCosta Community College District (MCCD), providing public oversight of the district’s $455 Measure MM bond
which passed in November 2016.
The two new members, Rigdon Currie and Michael Krival, were appointed to two-year terms effective November 19, 2020 through November 18, 2022.
The purpose of the ICBOC is to review and report on the proper expenditure of taxpayers’ money for school construction and advise the public on the district’s compliance with oversight requirements as related to Measure MM.
Measure MM is providing for new construction, major renovations, extensive technology and infrastructure upgrades, and public safety and accessibility projects at MiraCosta’s Oceanside
and San Elijo
campuses, as well as its Community Learning Center (CLC
Currie, a resident of Carlsbad, will serve as the committee’s delegate representing a Senior Citizens’ Organization. A Georgia Tech and Harvard Business School graduate, Currie served in the Air Force for two years prior to moving on to a long career as an executive for the Xerox Corporation and later as a venture capitalist.
Currie has an extensive history of public service, serving as a board member for several non-profit organizations over the years.
“I want to be helpful to the community and college,” said Currie. “I’m here to apply my financial experience and represent seniors.”
Krival, who also lives in Carlsbad, attended the University of Wisconsin-Madison, the University of Texas-Austin Law School, and the UCLA Financial Planning Program after a career in construction. Michael, who has been practicing law in Southern California for over 30 years, will serve as an At-Large Community Member.
“I have been looking for ways to get involved in the community,” said Krival. “All my life, I have been surrounded with issues of colleges and universities as my parents were tenured professors and university administrators and my sister is a tenured professor and department chair, so I fully support higher education.”
Activities performed by the members of the oversight committee include the following:
- Receive and review copies of the annual, independent performance audit.
- Receive and review copies of the annual, independent financial audit.
- Inspect school facilities and grounds to ensure that bond revenues are expended properly.
- Receive and review copies of any deferred maintenance proposals or plans developed by the MiraCosta Community College District
- Review efforts by the MiraCosta Community College District to maximize bond revenues by implementing cost-saving measures.
Transparency and accessibility to meeting materials
is a top priority for MiraCosta’s Independent Citizens’ Bond Oversight Committee. In its latest Bond Transparency Scorecard, the San Diego County Taxpayers Association (SDCTA) cited the MiraCosta oversight committee website as a model for best practices, commending the district for “having a website with a user-friendly interface in which all information is categorized and presented separately for better navigation, and the ICBOC page is clearly labelled on their home page.”