City Authorizes FY 2026-27 Payment to Assured Guaranty

The Stockton City Council authorized the City Manager to make the contingent FY 2026-27 General Fund payment to Assured Guaranty under an existing Reimbursement Agreement and to increase appropriations if the payment exceeds budgeted estimates. This action ensures compliance with the City’s debt-related obligations.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Fiscal Year 2026-27

Renewal date

2027-06-30

Renewal

Resolution authorizes contingent payment for FY 2026-27 only; any ongoing reimbursement agreement terms are not detailed in the resolution.

Document type

Resolution

Source document

Stockton City Council Resolution 2026-06-09-0902-01 2026-06-09

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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 Stockton?

Assured Guaranty was awarded this financial services contract by City of Stockton, as recorded on June 9, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Stockton City Council Resolution 2026-06-09-0902-01 2026-06-09 (Resolution), dated June 9, 2026 from City of Stockton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Assured Guaranty hold?

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

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