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        <BondReferenceCd>A</BondReferenceCd>
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        <BondReferenceCd>A</BondReferenceCd>
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        <BondReferenceCd>B</BondReferenceCd>
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        <BondReferenceCd>C</BondReferenceCd>
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          <BusinessNameLine1Txt>CALIFORNIA COMMUNITY COLLEGE FINANCING AUTHORITY</BusinessNameLine1Txt>
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          <PersonNm>GREG EDEN AND FRANK KRASOVEC</PersonNm>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 IS REVIEWED BY STAFF AND PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ALL PROPOSED TRANSACTIONS MUST BE REPORTED TO THE BOARD OF DIRECTORS AND BE APPROVED BEFORE THE TRANSACTION TAKES PLACE. THE BOARD OF DIRECTORS EVALUATES COMPETITIVE BIDS OR COMPARATIVE VALUATIONS AND STATE LAW TO DETERMINE WHETHER TRANSACTIONS ARE IN THE BEST INTEREST OF THE ORGANIZATION. ANY PARTIES WITH A POTENTIAL CONFLICT ARE EXCUSED DURING THE PROCESS OF BOARD DELIBERATION, OTHER THAN TO RESPOND TO QUESTIONS, AND ABSTAIN FROM VOTING. A REVIEW IS PERFORMED ANNUALLY BY THE PRESIDENT/CEO TO ASSESS POTENTIAL AND KNOWN RELATED PARTY TRANSACTIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL REQUIRED DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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