FINANCIAL_SERVICESONGOING

City Maintains Investments in TexasCLASS Pool

The City of Ferris continues to invest surplus funds in the TexasCLASS local government investment pool through September 30, 2026, earning yields near 3.8% during the second quarter. These pooled investments span multiple reserve funds in compliance with the City’s investment policy.

Status
ONGOING
Document date
March 31, 2026
Contract type
FINANCIAL_SERVICES
Vendor
TEXASCLASS
Agency
City of Ferris city · TX

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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 type
FINANCIAL_SERVICES
Contract term
October 1, 2025 – September 30, 2026
Renewal date
2026-09-30
Renewal
Investment pool participation appears to run through September 30, 2026 based on maturity dates; renewal or rollover beyond that date would be at the City’s discretion under its investment policy.
Document type
Report
Source document
City of Ferris Portfolio Investment Report 2026-03-31

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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 Ferris city?

TEXASCLASS was awarded this financial services contract by City of Ferris city, as recorded on March 31, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Ferris Portfolio Investment Report 2026-03-31 (Report), dated March 31, 2026 from City of Ferris city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TEXASCLASS hold?

TEXASCLASS 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 TEXASCLASS's profile

What is City of Ferris city currently buying?

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

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