CONTRACTRATIFIED

Board Ratifies Trustee and Recordkeeping Fees to First State Trust

Disclosed value: $596.56; $40.00; $20.00; $20.00; $588.72; $889.01; $294.00; $30.00; $40.00; $5.00; From agenda
Document date: May 18, 2026

What it covers

The General Employees' Pension Board is asked to ratify multiple invoices from First State Trust totaling several thousand dollars for trustee, custody, and transaction-related services to the retirement system for the periods October–December 2025 and January–March 2026. These charges include quarterly asset-based fees, market fees, and various pension payment and wire transaction fees.

Who holds it

First State Trust holds this financial services contract with City of Palmetto. Its other public contracts on record include work for Town of Elsmere.

What happens next

Term as filed: Various invoices dated 01/29/2026 and 04/06/2026 covering 10/01/2025–12/31/2025 and 01/01/2026–03/31/2026.

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Contract details

Contract type: Financial Services
Amount: $596.56; $40.00; $20.00; $20.00; $588.72; $889.01; $294.00; $30.00; $40.00; $5.00
Document date: May 18, 2026
Term: Various invoices dated 01/29/2026 and 04/06/2026 covering 10/01/2025–12/31/2025 and 01/01/2026–03/31/2026
Vendor: First State Trust
Agency: City of Palmetto
Source document: City of Palmetto General Employees' Pension Board of Trustees Agenda 2026-05-18 (Agenda)

First State Trust's other public contracts

Town of Elsmere, DelawareElsmere Committee Considers Pension Fund Transfer · Sep 9, 2026Undisclosed City of Palmetto, FloridaPension Board Ratifies First State Trust Invoices · May 18, 2026Undisclosed Town of Elsmere, DelawareTown Completes 2025 Pension Contributions to First State Trust · Jan 8, 2026 Town of Elsmere, DelawareElsmere Pension Panel To Authorize First State Trust Fees · Nov 12, 2025Undisclosed Town of Elsmere, DelawareElsmere Pension Committee Approves $171K Transfer to Trustee · Nov 12, 2025$171.5K All First State Trust contractsVendor profile

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Questions about this contract

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

First State Trust was awarded this financial services contract by City of Palmetto, as recorded on May 18, 2026. The contract value is $596.56; $40.00; $20.00; $20.00; $588.72; $889.01; $294.00; $30.00; $40.00; $5.00.

How much is the First State Trust contract with City of Palmetto worth?

The First State Trust contract with City of Palmetto is valued at $596.56; $40.00; $20.00; $20.00; $588.72; $889.01; $294.00; $30.00; $40.00; $5.00, 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 Palmetto General Employees' Pension Board of Trustees Agenda 2026-05-18 (Agenda), dated May 18, 2026 from City of Palmetto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First State Trust hold?

First State Trust 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 Palmetto currently buying?

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

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