FINANCIAL_SERVICESPENDING

MSAD 45 Plans Revenue Anticipation Loan with Katahdin

MSAD 45 plans to authorize a 12‑month, $400,000 Revenue Anticipation Loan with Katahdin Trust Company at a fixed 5.21% interest rate for district working capital needs. The motion also authorizes designated district officials to execute all required loan documents.

Status
PENDING
Document date
June 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Katahdin Trust Company
Agency
School Administrative District 45 · ME

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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
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
$400,000
Contract type
FINANCIAL_SERVICES
Contract term
12 months at a fixed interest rate of 5.21%
Renewal
Single 12‑month revenue anticipation note for FY 2026-27; no renewal terms stated in the agenda item.
Document type
Agenda
Source document
M.S.A.D. #45 School Board Meeting Agenda 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by School Administrative District 45?

Katahdin Trust Company was awarded this financial services contract by School Administrative District 45, as recorded on June 5, 2026. The contract value is $400,000.

How much is the Katahdin Trust Company contract with School Administrative District 45 worth?

The Katahdin Trust Company contract with School Administrative District 45 is valued at $400,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in M.S.A.D. #45 School Board Meeting Agenda 2026-06-09 (Agenda), dated June 5, 2026 from School Administrative District 45. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Katahdin Trust Company hold?

Katahdin Trust Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is School Administrative District 45 currently buying?

Explore School Administrative District 45's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View School Administrative District 45's profile

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