El Monte City Awards Financial Services Contract to Los Angeles County Treasurer (June 2025)
El Monte CitySchool · El Monte, CA- Disclosed value
- Maximum authorized borrowing: $25,000,000
- From resolution
- Approved
- Jun 16, 2025
The 30-second brief
The El Monte City School District Governing Board approved a resolution requesting up to $25 million in temporary cash borrowing from the Los Angeles County Treasurer for fiscal year 2025-26 operating requirements. Borrowing is limited to 85 percent of anticipated revenues and must be repaid by the end of the permitted borrowing period.
Los Angeles County Treasurer holds this financial services contract with El Monte City. Its other public contracts on record include work for Whittier City Elementary and Torrance Unified.
Term as filed: Fiscal year 2025-26; borrowing permitted from July 1, 2025 through April 27, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- Maximum authorized borrowing: $25,000,000
- Document date
- June 16, 2025
- Term
- Fiscal year 2025-26; borrowing permitted from July 1, 2025 through April 27, 2026
- Agency
- El Monte City
- Source document
- El Monte City School District Resolution Los Angeles County Treasury Cash Borrowing 2025-06-16 (Resolution)
Los Angeles County Treasurer's other public contracts
More El Monte City contracts
Questions about this contract
Who was awarded the financial services contract by El Monte City?
Los Angeles County Treasurer was awarded this financial services contract by El Monte City, as recorded on June 16, 2025. The contract value is Maximum authorized borrowing: $25,000,000.
How much is the Los Angeles County Treasurer contract with El Monte City worth?
The Los Angeles County Treasurer contract with El Monte City is valued at Maximum authorized borrowing: $25,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in El Monte City School District Resolution Los Angeles County Treasury Cash Borrowing 2025-06-16 (Resolution), dated June 16, 2025 from El Monte City. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Los Angeles County Treasurer hold?
Los Angeles County Treasurer 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 El Monte City currently buying?
Explore El Monte City's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.