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External Audit of Bond Projects

PPS contracts with external auditors for performance audits of capital projects funded with bond proceeds (Bond Projects) from the following bonds:

  • 2012 School Building Improvement Bond - $482 million
  • 2017 Health, Safety and Modernization Bond - $790 million
  • 2020 School Bond - $1.2 billion
  • 2025 School Bond - $1.8 billion

In addition to the accountability provided by external auditors who audit the capital projects funded with these bonds, oversight and accountability is provided by the Citizens Bond Accountability Committee (“BAC”). 

More information on the BAC can be viewed on the  Bond Accountability Committee Page.  

Additional information about capital projects funded with bond funds can be viewed on the School Building Improvement Bond Program page.

BOND AUDIT REPORTS

Year of Bond

Year of Audit Report

Bond Audit Report  Status of Implementation
2017/2020 2025 Bond Performance Audit - Year 6 ETA Summer 2026
2017/2020 2024

Bond Performance Audit - Year 5

Status of Implementation - Combined
Summary of all outstanding recommendations

2017 / 2020 2023

Bond Performance Audit - Year 4

Status of Implementation - 2023

0 of 10 Recommendations Implemented

2017 2021

Bond Performance Audit - Year 3

Status of Implementation - 2021

5 of 10 Recommendations Implemented

2017 2020

Bond Performance Audit - Year 2

Status of Implementation- 2020

10 of 11 Recommendations Implemented

2017 2019

Bond Performance Audit - Year 1 - Phase 2 

Status of Implementation - 2019 Y1 P2 Audit

9 of 11 Recommendations Implemented

2017 2019

Bond Performance Audit - Year 1 - Phase 1

Status of Implementation - 2019 Y1 P1 Audit

Completed - 8 of 8 Recommendations Implemented

2012 2017

Bond Construction Program - Audit 4 of 4

Status of Implementation - 2017 Audit

Completed: 19 of 19 Recommendations Implemented

2012 2016 

Bond Construction Program - Audit 3 of 4

Status of Implementation - 2016 Audit

Completed: 24 of 24 Recommendations Implemented

2012 2015 

Bond Construction Program - Audit 2 of 4

Status of Implementation - 2015 Audit

Completed:  26 of 26 Recommendations Implemented

2012 2014

Bond Construction Program - Audit 1 of 4

Status of Implementation – 2014 Audit

Completed:  27 of 27 Recommendations Implemented