FINANCIAL_SERVICESAPPROVED

Franklin County School District Awards Financial Services Contract to Capital City Bank (June 2026)

The School Board of Franklin County, Florida approved a non-revolving tax-exempt line of credit with Capital City Bank not to exceed $3,500,000 to provide interim funding for 2026/27 operating expenses, secured by pledged ad valorem tax receipts. The line, documented by a Tax Anticipation Master Note, carries a 4.40% interest rate with all principal due March 15, 2027, and includes specified bank and counsel fees.

Status
APPROVED
Document date
June 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Capital City Bank
Agency
Franklin County School District · FL

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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
Not to exceed $3,500,000; $2,500 bank fee; $12,500 lender’s counsel fees
Contract type
FINANCIAL_SERVICES
Contract term
Line of credit available until March 1, 2027; Master Note final maturity March 15, 2027
Renewal date
2027-03-15
Renewal
No renewals or extensions are described; the commitment to honor draws expires March 1, 2027 and all principal is due by March 15, 2027.
Document type
Resolution
Source document
School Board of Franklin County Resolution 2026-002 2026-06-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Franklin County School District?

Capital City Bank was awarded this financial services contract by Franklin County School District, as recorded on June 25, 2026. The contract value is Not to exceed $3,500,000; $2,500 bank fee; $12,500 lender’s counsel fees.

How much is the Capital City Bank contract with Franklin County School District worth?

The Capital City Bank contract with Franklin County School District is valued at Not to exceed $3,500,000; $2,500 bank fee; $12,500 lender’s counsel fees, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in School Board of Franklin County Resolution 2026-002 2026-06-25 (Resolution), dated June 25, 2026 from Franklin County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Capital City Bank hold?

Capital City Bank 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 Capital City Bank's profile

What is Franklin County School District currently buying?

Explore Franklin County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Franklin County School District's profile

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