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Another strong financial rating for Delta College

Board of Trustees Measure K Bond Our Community

STOCKTON — Delta College has earned another strong vote of confidence from the financial community, positioning the College to make the most of taxpayer dollars as the voter-approved Measure K bond program moves into the construction phase. Moody's Ratings recently assigned Delta College an Aa2 credit rating with a “Positive” outlook, a designation that can help the College borrow at lower interest rates and stretch Measure K bond dollars further. The rating comes just months after Fitch Ratings reaffirmed Delta College's AA- credit rating with that agency, providing additional independent validation of Delta’s fiscal strength. The most recent Moody's Aa2 rating is among the highest ratings awarded to public institutions and reflects the agency's assessment of Delta's strong financial position, healthy reserves, growing enrollment, and sound management practices. The new rating applies to approximately $130 million in upcoming Measure K bond issuances, as well as the refinancing of $38 million in existing debt from the previous Measure L bond. The refinancing alone is expected to save taxpayers approximately $3.6 million. "This rating once again affirms the strong financial foundation of Delta College and the responsible stewardship of taxpayer resources," said Superintendent/President Dr. Lisa Aguilera Lawrenson. "Receiving recognition from two independent...

Photo of a Caterillar student working with heavy equipment

Making history: Delta's largest-ever graduating class

Academic Excellence Our Community Student Success

Even with roots stretching back more than nine decades, Delta College had never hosted a celebration quite this large. An estimated 1,300 graduates participated in Delta College’s 91st annual Commencement ceremony at Adventist Health Arena on May 14. It was the largest Commencement ceremony in the College’s history, honoring Delta's largest-ever graduating class. More than 3,500 Delta College students applied for graduation during the 2025–26 academic year, up from more than 2,700 the year before. The class of 2026 applied for 4,409 degrees and 1,083 certificates. The historic turnout comes as Delta continues to see strong post-pandemic enrollment growth while expanding its reach across the community. The College has increased efforts to connect with adult learners and others looking to gain new skills, change careers, and create new opportunities for themselves and their families. More Photos Superintendent/President Dr. Lisa Aguilera Lawrenson praised graduates for their resilience and determination throughout their educational journeys. “Our graduates have overcome a great deal to reach this milestone,” Dr. Lawrenson said. “Many balanced their studies while caring for children or loved ones, working multiple jobs, or navigating challenges related to housing, food security, or health. “Through it all, they continued moving forward. Their presence at...

Photo of a student celebrating at Commencement

Professor Cirian Villavicencio reappointed to state Board of Governors

Academic Excellence Our Community

STOCKTON -- Delta College Political Science Professor Cirian Villavicencio has been reappointed to the California Community Colleges Board of Governors, continuing his advocacy for 2.2 million students at 116 colleges across the state. Gov. Gavin Newsom announced Dr. Villavicencio’s reappointment on Monday. "I am honored to be reappointed by Governor Newsom to a second term as a faculty representative on the Board of Governors for the California Community Colleges,” said Dr. Villavicencio, who was first appointed in 2024. “As I continue this important work, I remain deeply committed to advancing student success while navigating emerging challenges, including the evolving role of artificial intelligence in higher education. I will also continue to support efforts to address global climate change, strengthen economic and workforce development initiatives, expand global and international education, and ensure that our most marginalized and vulnerable students have every opportunity to thrive.” Dr. Villavicencio has over 20 years of experience in higher education, and currently serves as professor and co-chair of the Department of Political Science. He has been active in local, state, and national politics, including serving as a staffer for the California Asian American Pacific Islander Legislative Caucus in the state Capital. He was elected twice as...

Photo of Professor Cirian Villavicencio lecturing

Fitch affirms Delta College’s financial strength

Board of Trustees Measure K Bond Our Community

STOCKTON — In good news for local taxpayers, Fitch Ratings recently reaffirmed Delta College’s strong AA- credit rating and improved its overall outlook to “stable.” The announcement means Delta can sell its voter-approved Measure K bonds at lower interest rates, helping maximize taxpayer dollars. An AA- rating is Fitch’s second-highest category and signals “very high credit quality.” The improved outlook reflects Delta’s continued fiscal strength, including healthy reserves, stable-to-growing enrollment, and overall financial stability. The news comes as Delta College presses forward with the implementation of Measure K, a $598 million bond approved by voters in November 2024. The Board of Trustees has identified priority projects, and planning is well underway, with a parking lot repair project anticipated to break ground this summer. “This independent review highlights the careful financial stewardship of Delta College and the strong leadership of our Board of Trustees,” said Superintendent/President Dr. Lisa Aguilera Lawrenson. “It shows the College is on solid footing as we move forward with improving our facilities and supporting students. We’re grateful to local taxpayers for their continued support.” “We take seriously the trust our community has placed in us,” said Board of Trustees President Dr. Charles Jennings. “This rating reflects careful...

A Delta College graduate waves to her family