FINANCIAL_SERVICESAPPROVED

International School of Monterey District Awards $350,000 Financial Services Contract to Pacific Valley Bank (June 2026)

International School of Monterey's Board approved securing a $350,000 line of credit with Pacific Valley Bank for FY2026-27 to address potential state funding deferrals. The arrangement is for one year and is the sole responsibility of the school for repayment.

Status
APPROVED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pacific Valley Bank
Agency
International School of Monterey District · CA

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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

Scope & details

The full contract record, as filed.

Contract amount
$350,000
Contract type
FINANCIAL_SERVICES
Contract term
July 1, 2026 – June 30, 2027 (annual line of credit)
Renewal date
2027-06-30
Renewal
Typically renewed annually if needed; authorized for the 2026-2027 fiscal year only per board resolution.
Document type
Agenda
Source document
International School of Monterey Board Meeting Agenda 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by International School of Monterey District?

Pacific Valley Bank was awarded this financial services contract by International School of Monterey District, as recorded on June 16, 2026. The contract value is $350,000.

How much is the Pacific Valley Bank contract with International School of Monterey District worth?

The Pacific Valley Bank contract with International School of Monterey District is valued at $350,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in International School of Monterey Board Meeting Agenda 2026-06-16 (Agenda), dated June 16, 2026 from International School of Monterey District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pacific Valley Bank hold?

Pacific Valley Bank 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 Pacific Valley Bank's profile

What is International School of Monterey District currently buying?

Explore International School of Monterey District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View International School of Monterey District's profile

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