FINANCIAL_SERVICESONGOING

Zion Investment Generates Interest on Measure P Funds

Measure P funds invested with Zion generated $63,702.38 in interest revenue for the reporting period. This reflects the City's strategy to earn additional income on Measure P balances.

Document date · May 16, 2026

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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 amount
$63,702.38 (interest revenue in FY25 YTD)
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing investment/interest-earning arrangement
Renewal
Appears to be a continuing investment or banking relationship generating periodic interest, with no explicit end date given.
Document type
AgendaPacket
Source document
City of Ridgecrest Measure P Oversight Committee Agenda May 2026

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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 Ridgecrest?

ZION was awarded this financial services contract by City of Ridgecrest, as recorded on May 16, 2026. The contract value is $63,702.38 (interest revenue in FY25 YTD).

How much is the ZION contract with City of Ridgecrest worth?

The ZION contract with City of Ridgecrest is valued at $63,702.38 (interest revenue in FY25 YTD), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Ridgecrest Measure P Oversight Committee Agenda May 2026 (AgendaPacket), dated May 16, 2026 from City of Ridgecrest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ZION hold?

ZION 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 ZION's profile

What is City of Ridgecrest currently buying?

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