DeKalb County Eastern Community School District Board Meeting Minutes November 2025
District Engages Indiana Bond Bank for Short-Term Financing
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Description
The Board approved a resolution engaging Indiana Bond Bank to provide Virtual Back Tax Investment and larger payment services to cover anticipated 2025 General Fund and Debt Service Fund shortfalls. This arrangement allows the district to secure temporary financing until the June and December 2026 tax settlements.
Contract Details
Vendor
INDIANA BOND BANK
Agency
DeKalb County Eastern Community School District, IN
Contract Type
FINANCIAL_SERVICES
Document Date
November 14, 2025
Contract Term
During 2025 fiscal year prior to June and December 2026 tax settlements
Renewal Date
2026-12-31
Renewal Info
Temporary financing arrangement tied to the 2025 fiscal year and the June and December 2026 tax settlements; renewal beyond that period not specified.
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DeKalb County Eastern Community School District Board Meeting Minutes November 2025
DeKalb County Eastern Community School District Board Meeting Minutes November 2025
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