FINANCIAL_SERVICESONGOING

City Maintains $19.15 Million in California LAIF

Rancho Palos Verdes maintains $19.15 million in the State of California’s Local Agency Investment Fund. The investment is available on demand and reported a 3.86% yield.

Document date · October 5, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
$19,149,250.06
Contract type
FINANCIAL_SERVICES
Contract term
On demand
Renewal
On-demand investment; no fixed maturity or renewal date stated.
Document type
StaffReport
Source document
City of Rancho Palos Verdes Staff Report August 2026 Cash Balances/Monthly Treasurer’s Report 2026-10-06

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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 Rancho Palos Verdes?

State of California was awarded this financial services contract by City of Rancho Palos Verdes, as recorded on October 5, 2026. The contract value is $19,149,250.06.

How much is the State of California contract with City of Rancho Palos Verdes worth?

The State of California contract with City of Rancho Palos Verdes is valued at $19,149,250.06, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Rancho Palos Verdes Staff Report August 2026 Cash Balances/Monthly Treasurer’s Report 2026-10-06 (StaffReport), dated October 5, 2026 from City of Rancho Palos Verdes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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