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Overview of Financial Statements

As a publicly funded institution, Delta College is committed to providing information including financial reports to the public. The following information complies with Sec. 209 in P.A. 60 of 2013, the education omnibus budget bill, which requires community colleges to publish a transparency webpage and stipulates the content.

Annual Operating Budget

FY 2016-2017 Strategic Plan and Board Approved Budget (PDF)

General Fund Revenue and Expenditures

 FY 2016-2017 Budgeted

  • General fund revenue from tuition and fees: $27,457,06
  • General fund revenue from state appropriations: $14,999,200
  • General fund revenue from property taxes: $23,183,436
  • Total general fund revenue: $66,791,763
  • Total general fund expenditures: $66,779,471

FY 2017-2018 Projection

  • Total general fund revenue (estimated): $67,500,000
  • Total general fund expenditures (estimated): $67,500,000

Debt and Debt Service Obligations

Delta College has no outstanding debt or debt service obligations for projects.

Audited Financial Statements

Audited Financial Statement Year End June 30, 2016 (PDF)

Activities Classification Structure for Michigan Community Colleges

Activities Classification Structure Manual (PDF)

Activities Classification Structure 2015-2016 Data Book Tables and Companion (PDF)

Opportunities for High School Students to Earn College Credit through State Approved Career and Technical Education or a Tech Prep Articulated Program of Study, Direct College Credit or Concurrent Enrollment, Dual Enrollment, and Early College or Middle College Programs (Section 209(5))
2015-16 Report to the Center for Educational Performance and Information: Programs Providing Opportunities for College Credit (PDF)

Board of Trustees Strategic Value Component Section 230(3)

Board of Trustees Sept 2016 Minutes Draft (PDF)
Board Resolution Funding SB949 Sept 2016 (PDF)
Strategic Value Report Approved Sept 2016 (PDF)

Collective Bargaining Agreements

Facilities Management Union Contract (PDF)
Facilities Economic Reopener Agreement 2015-18 (PDF)
Food Services Union Contract (PDF)

Employee Benefits

Health Insurance Benefits (PDF)
Dental Insurance (PDF)
Long-term Disability (PDF)

Estimated Health Care Reform Costs

The college estimates that it will cost $29,000 in FY 2016-2017 to pay for the required taxes and fees resulting from the federal Health Care Reform Acts of 2010, Public Laws 111-148 and 111-152. This estimate excludes any additional administrative cost of compliance and assumes that no additional participants will be required to be covered under our employee health insurance plan.

Bi-Annual Use and Finance Report

Self-funded projects - 06/30/16 (PDF)
Self-funded projects - 12/31/15 (PDF)