CONTRACTRATIFIED

Parma Ratifies U.S. Bank Corporate Investments

Parma City Schools logoParma City Schools
Disclosed value
Closing balance: $32,984,664.41; interest: $99,149.84; yield: 3.81%
From minutes
Document date
May 21, 2026
Term
April 2026 month-end investment period

The 30-second brief

What it covers

Parma City School District ratified its April 2026 U.S. Bank corporate bonds and notes investment. The portfolio had a reported month-end balance of $32,984,664.41, a 3.81% yield, and $99,149.84 in interest.

Who holds it

U.S. Bank – Corporate Bonds & Notes holds this financial services contract with Parma City Schools.

What happens next

Term as filed: April 2026 month-end investment period.

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Contract details

Contract type
Financial Services
Amount
Closing balance: $32,984,664.41; interest: $99,149.84; yield: 3.81%
Document date
May 21, 2026
Term
April 2026 month-end investment period
Vendor
U.S. Bank – Corporate Bonds & Notes
Source document
Parma City School District Minutes Regular Board Meeting 2026-05-21 (Minutes)

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Questions about this contract

Who was awarded the financial services contract by Parma City Schools?

U.S. Bank – Corporate Bonds & Notes was awarded this financial services contract by Parma City Schools, as recorded on May 21, 2026. The contract value is Closing balance: $32,984,664.41; interest: $99,149.84; yield: 3.81%.

How much is the U.S. Bank – Corporate Bonds & Notes contract with Parma City Schools worth?

The U.S. Bank – Corporate Bonds & Notes contract with Parma City Schools is valued at Closing balance: $32,984,664.41; interest: $99,149.84; yield: 3.81%, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Parma City School District Minutes Regular Board Meeting 2026-05-21 (Minutes), dated May 21, 2026 from Parma City Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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