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Hemet Transfers $15 Million to Bank of New York

City of Hemet logoCity of Hemet
Disclosed value
$15,000,000 transferred for long-term investment strategies
From agenda
Document date
Oct 27, 2026
Term
1–3 year duration

The 30-second brief

What it covers

Hemet reported transferring $15 million from its Local Government Investment Pool to the Bank of New York. The funds were placed for long-term investment strategies with a reported one-to-three-year duration.

Who holds it

Bank of New York holds this financial services contract with City of Hemet. Its other public contracts on record include work for City of Vestavia Hills and Harris County Mud 173.

What happens next

Term as filed: 1–3 year duration.

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Contract details

Contract type
Financial Services
Amount
$15,000,000 transferred for long-term investment strategies
Document date
October 27, 2026
Term
1–3 year duration
Vendor
Bank of New York
Agency
City of Hemet
Source document
City of Hemet Agenda 2026-10-27 (Agenda)

Bank of New York's other public contracts

City of Vestavia Hills, AlabamaVestavia Hills Maintains Sinking Fund With Bank Of New York · Oct 19, 2026UndisclosedHarris County Mud 173, TexasDistrict Pays Bank of New York Debt Service · Oct 13, 2026$1.1MCity of Fishers, IndianaFishers Records Bank of New York Payment · Oct 13, 2026$3.2KDallas Fire Rescue, TexasBank of New York Provides Pension Custody Reporting · Oct 8, 2026UndisclosedToledo School For The Arts, OhioTSA Records $44,485 Payment to Bank of New York · Oct 4, 2026All Bank of New York contractsVendor profile

More City of Hemet contracts

Brightview Landscape ServicesHemet Reports BrightView Landscape Maintenance Payment · Oct 27, 2026$42.1KLos Angeles Truck Centers LLCHemet Reports Truck Repair Payment to Los Angeles Centers · Oct 27, 2026$7.1KMeta PlatformsHemet Used Meta Platforms for Beautification Outreach · Oct 27, 2026UndisclosedMerrimac Petroleum IncHemet Reports Merrimac Petroleum Fuel Deliveries · Oct 27, 2026$85KCharter CommunicationsHemet Reports Charter Communications Service Payments · Oct 27, 2026$2.5KAll City of Hemet activityAgency profile

Questions about this contract

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

Bank of New York was awarded this financial services contract by City of Hemet, as recorded on October 27, 2026. The contract value is $15,000,000 transferred for long-term investment strategies.

How much is the Bank of New York contract with City of Hemet worth?

The Bank of New York contract with City of Hemet is valued at $15,000,000 transferred for long-term investment strategies, 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 City of Hemet Agenda 2026-10-27 (Agenda), dated October 27, 2026 from City of Hemet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of New York hold?

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

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