City of Ridgecrest Measure P Oversight Committee Agenda May 2026
Zion Investment Generates Interest on Measure P Funds
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Description
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.
Contract Details
Contract Amount
$63,702.38 (interest revenue in FY25 YTD)
Vendor
ZION
Agency
City of Ridgecrest, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 16, 2026
Contract Term
Ongoing investment/interest-earning arrangement
Renewal Info
Appears to be a continuing investment or banking relationship generating periodic interest, with no explicit end date given.
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City of Ridgecrest Measure P Oversight Committee Agenda May 2026
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