Campus News

Measure L bond savings exceed $20 million

STOCKTON — San Joaquin Delta College will save taxpayers more than $20 million by paying off the college’s last installment of Measure L bond money over a shorter period of time. The agreement, finalized earlier this year, means property owners will pay a little more now but will save a lot more later. The arrangement is roughly comparable to a homeowner who decides to pay off a 30-year mortgage in 10 years, saving a substantial amount of interest as a result. In Delta’s case, the final installment of bond money will be paid off in 10 years instead of 25 years, saving about $20.3 million in interest. “We are extremely pleased that our recent Measure L bond sale has resulted in significant savings to our taxpayers, and, on behalf of the students of the district, we remain grateful to the voters for supporting Measure L,” said Delta College Superintendent/President Kathy Hart. Meanwhile, Delta’s credit rating has been upgraded from an A-plus to an AA-minus, signifying the college has a “very strong” ability to meet its financial commitments. Approved by property owners in 2004, the Measure L bond is the first major investment in Delta’s facilities since the Stockton campus was...

Delta College will compete for the $1 million Aspen Prize

Shelly Valenton (Stockton, CA) San Joaquin Delta College has been selected as one of only 150 institutions from a national list of over 1,000 community colleges eligible to compete for the $1 million Aspen Prize for Community College Excellence. The award is the nation’s signature recognition of high achievement and performance in America’s community colleges. Delta College will begin a rigorous competitive process that leads to awarding the prize in 2019. “The Aspen Prize recognition reflects positively on the Delta College’s commitment to educate and prepare students for the workforce,” said Superintendent/President Dr. Kathy Hart. “Delta College has a tremendous power to change lives. It’s great to see that the hard work of our faculty, staff and student achievement is being recognized by the Aspen Institute” The Aspen Prize is awarded every two years, and honors those institutions that strive for and achieve exceptional outcome levels of student success – while in college, and after they graduate. Delta College has been eligible to compete for the prize all five times since its inception in 2011. Ten finalists will be named from the list of 150 community colleges in Spring 2018. Teams of experienced researchers will join the Aspen Institute to...