Accountability and Transparency
Mill Bond Oversight Committee (MBOC)
The Douglas County School District has a Mill Bond Oversight Committee (MBOC) made up of citizens from across our community. The MBOC meets regularly to monitor the progress of the improvements and programs being implemented and ensure that MLO/Bond expenditures are in alignment with ballot language approved by voters. The MBOC is looking for new members – if you are interested in volunteering your time to be part of the important committee, visit the MBOC page on our website.
The Mill Bond Oversight Ad Hoc Committee (MBOC) is currently accepting applications for:
- One (1) Licensed Educator-Secondary Representative, to complete an application click here.
- One (1) Neighborhood School Parent - Castle Rock Representative, to complete an application click here.
- One (1) Neighborhood School Parent - Parker Representative, to complete an application click here.
- One (1) Government Agency Representative, to complete an application click here.
The application period will remain open until the positions have been filled. Additional information can be found in the Mill Bond Oversight Ad Hoc Committee Bylaws.
For questions or assistance, please contact MBOC@dcsdk12.org.
Fiscal Responsibility
DCSD’s Budget and Accounting departments work to provide accurate financial budgeting, reporting and analysis to DCSD leadership and community stakeholders, as well as the Federal and State government, on a timely basis.
Our goal is to ensure that we are using our resources as effectively as possible for our students, schools and community.
Government Finance Officers Association (GFOA)
DCSD received the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award for its annual budget document for the fiscal years beginning each July 1, 2004 through 2010 and 2014 through 2017. In order to qualify for this award, the government’s budget must be judged proficient as a policy document, a financial plan, an operations guide and a communications device. The District’s budget documents for the budget years beginning July 1, 2011 through 2013 and for the budget years beginning July 1, 2018 through 2023 were not submitted for awards due to needs identified by the GFOA review for the fiscal year 2018 budget submittal and beyond.
Association of School Business Officials International (ASBO)
DCSD’s 2014-2015 and 2019-2020 budget documents received the Meritorious Budget Award from the Association of School Business Officials International (ASBO). The District’s budget documents for 2020-2021 were not submitted for awards due to staff capacity as a result of COVID-19. The 2021-2022 and 2023-2024 budget documents again received the Meritorious Budget Award from ASBO and the District intends to submit the 2024-2025 budget document for award consideration.
DCSD’s Bond Ratings
Fitch - AA+
General Obligation Bond Rating
- 'AA' National Ratings denote expectations of a very low level of default risk relative to other issuers or obligations in the same country or monetary union. The default risk inherent differs only slightly from that of the country's highest rated issuers or obligations.
Moody’s – Aa1 General Obligation Bond Rating
- Obligations rated Aa1 are judged to be of high quality and are subject to very low credit risk.
- The DCSD continues to maintain healthy reserve levels, although this level is dependent upon the passage of mill levy overrides to supplement state funding.
- The Aa1 credit rating qualifies DCSD for a low interest rate in all borrowing, thus saving taxpayers money.