The district committee is charged with reexamining the responsibilities for the management of that bond funding. The Measure B bond campaign began in January 1998, and local voters passed the measure in June 1998, with an 81 percent majority.

"We are really pleased to inform [the board that] we have done everything, and more," Tetzlaff said.

Tetzlaff added that all projects, as approved by the voters of the community, are on schedule and meeting budget criteria. A building implementation plan, presented by the Gilbane Building Co. later at the meeting, demonstrated that projects at Saratoga High School—such as the Performing Arts and Lecture Center—are 77 percent complete, to be finished in July 2004. Los Gatos High School projects are 60 percent complete and will be finished at some point in the 2005-06 school year.

"I would like to see everybody get involved in getting the word out," Tetzlaff said. "It's impressive, and it has been done efficiently, and the beneficiaries are these great kids."

Tetzlaff added that the district was able to leverage the $79 million bond money to include an additional $27.5 million from local contributions, state modernization funding, redevelopment funding at Los Gatos High School and state deferred maintenance revenues. For every $1 in bond funds, 35 cents was raised to match Measure B bond funds.