Delta College is required to prepare financial reports and annual budgets, report projected revenues and expenditures to the Chancellor's Office, and to present financial statements in accordance with Generally Accepted Accounting Principles (GAAP) as determined by the Governmental Accounting Standards Board (GASB).
These reports include:
- Annual District Budget
- Annual, Quarterly and Compliance Financial Reporting
- Audit Reports: District, Measure L Bond, and Foundation
- Budget Planning
- Financial and Cash Projections
- Restricted Fund Reporting: Categorical Grants & Contracts from Local, State, and Federal Sources
About Our Ratings
Delta College is proud to maintain high-grade bond credit ratings.
| Rating Agency | Report and Date | Rating | Description | Rating Impact |
|---|---|---|---|---|
| Fitch | April 1, 2021 | AA- | High Grade | Rating affirmed with a stable outlook |
| Moody's | April 6, 2021 | Aa2 | High Grade | Rating affirmed |
Ratings Guide
| Investment Grade | Moody's | S&P | Fitch | Meaning |
|---|---|---|---|---|
| Aaa | AAA | AAA | Prime | |
| Aa1 | AA+ | AA+ | High Grade | |
| Aa2 | AA | AA | ||
| Aa3 | AA- | AA- | ||
| A1 | A+ | A+ | Upper Medium Grade | |
| A2 | A | A | ||
| A3 | A- | A- | ||
| Baa1 | BBB+ | BBB+ | Lower Medium Grade | |
| Baa2 | BBB | BBB | ||
| Baa3 | BBB- | BBB- |