Delaware County, Indiana
As of December 31, 2025, the County's investments were rated as follows:
| Investment Type | Not Rated |
|---|---|
| Mutual funds, bond funds | $8,640,958 |
The County has investments in mutual funds, bond funds, which are exposed to credit risk. Ratings are not available for these investments.
Concentration of Credit Risk
Concentration of credit risk is the risk of loss attributed to the magnitude of a government's investment in a single issuer. The County follows a policy on concentration of credit risk for the Sheriff Pension investments. For other investments, the County follows state laws and regulations. No additional policies exist.
Interest Rate Risk
Interest rate risk is the risk that changes in interest rates will adversely affect the value of an investment.
As of December 31, 2025, the County's investments were as follows:
| Investment Type | Fair Value | Maturity (in Years) | |
|---|---|---|---|
| Less Than 1 Year |
1-2 Years | ||
| Mutual funds, bond funds | $8,640,958 | $8,640,958 | $- |
| Total | $8,640,958 | $8,640,958 | $- |
See Note 1 for further information on deposit and investment policies.
Receivables
Governmental funds report unearned or unavailable revenue in connection with receivables for revenues that are not considered to be available to liquidate liabilities of the current period. At the end of the current fiscal year, the various components of unearned and unavailable revenue reported in the governmental funds were as follows:
| Unearned | Unavailable | |
|---|---|---|
| Taxes receivable | $25,311,691 | $4,422,530 |
| Intergovernmental receivable | - | 3,935,491 |
| ARPA funds received, not yet expended | 1,591,879 | - |
| Total unearned/ unavailable revenue for governmental funds | $26,903,570 | $8,358,021 |
| Unearned revenue included in liabilities | $1,591,879 | |
| Unearned revenue included in deferred inflows | 25,311,691 | |
| Total unearned revenue for governmental funds | $26,903,570 | |