Village of Schaumburg Annual Budget Proposal FY 2026-2027
TRM Labs blockchain software funded for police investigations
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Description
Schaumburg plans to purchase $15,000 in blockchain analysis software from TRM Labs in FY 26/27 to help its Police Department investigate cryptocurrency-related financial crimes. Staff will assess the tool’s investigative impact before deciding on future investment.
Contract Details
Contract Amount
$15,000
Vendor
TRM LABS
Agency
Schaumburg village (pt.), IL
Contract Type
TECHNOLOGY
Document Date
May 1, 2026
Contract Term
FY 26/27
Renewal Date
2027-04-30
Renewal Info
Described as an initial year of funding with evaluation to inform any future renewals or expansions.
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