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Fiscal Stewardship

We are pleased to report that the recent independent audit conducted by the nationally-recognized firm Vavrinek, Trine, Day & Co., LLC has concluded that the District has expended Measure B Parcel Tax proceeds in accordance with the 2012 voter-approved measure. 
This finding confirms the continued strong fiscal stewardship at Peralta Colleges over its budget and voter-approved funds.  As you are aware, in 2016, the District received a AAA credit rating from Fitch Rating Services and refinanced its General Obligation bonds, saving District taxpayers approximately $24.7 Million.
I want to thank the Peralta Colleges community and the Measure B Oversight Committee for their commitment to student success, strong fiscal management and investing in our community’s future.  
Please see more information in the Press Release, Auditor’s Summary Cover Letter, and the full Auditor’s Report below.  


  • Peralta Colleges

    Sunday 16 June 2019
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