FINANCIAL_SERVICESONGOING

City Maintains $1.5M Balance in State LAIF Program

The City of Hemet continues to invest approximately $1.5 million in the State of California’s LAIF program, earning 3.81% as of June 30, 2026. This holding provides conservative liquidity within the City's investment portfolio.

Status
ONGOING
Document date
July 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
LAIF
Agency
City of Hemet · CA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,502,749.36 balance as of June 30, 2026
Contract type
FINANCIAL_SERVICES
Renewal
Ongoing participation in the State of California LAIF program; no fixed maturity, with deposits and withdrawals at the City's discretion within program rules.
Document type
AgendaPacket
Source document
City of Hemet Investment Oversight Committee Agenda Packet 2026-07-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Hemet?

LAIF was awarded this financial services contract by City of Hemet, as recorded on July 30, 2026. The contract value is $1,502,749.36 balance as of June 30, 2026.

How much is the LAIF contract with City of Hemet worth?

The LAIF contract with City of Hemet is valued at $1,502,749.36 balance as of June 30, 2026, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Hemet Investment Oversight Committee Agenda Packet 2026-07-30 (AgendaPacket), dated July 30, 2026 from City of Hemet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does LAIF hold?

LAIF may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View LAIF's profile

What is City of Hemet currently buying?

Explore City of Hemet's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Hemet's profile

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