FINANCIAL_SERVICESONGOING

District Continues Repayment of Bond Bank Financing

Lincoln School District continues to service a $2,000,000 zero-interest bond from the Vermont Municipal Bond Bank, with $307,582 in principal outstanding as of June 30, 2024. The bond is repaid via semi-annual $61,516 principal payments through 2027.

Status
ONGOING
Document date
July 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Vermont Municipal Bond Bank
Agency
Lincoln Town School District · VT

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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
$2,000,000
Contract type
FINANCIAL_SERVICES
Contract term
Semi-annual principal payments of $61,516 until 2027 at 0% interest
Renewal date
2027-06-30
Renewal
Bond runs through 2027 with no renewal terms mentioned; payments follow a fixed amortization schedule.
Document type
Budget
Source document
Lincoln School District Proposed FY27 Budget

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lincoln Town School District?

Vermont Municipal Bond Bank was awarded this financial services contract by Lincoln Town School District, as recorded on July 30, 2026. The contract value is $2,000,000.

How much is the Vermont Municipal Bond Bank contract with Lincoln Town School District worth?

The Vermont Municipal Bond Bank contract with Lincoln Town School District is valued at $2,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Lincoln School District Proposed FY27 Budget (Budget), dated July 30, 2026 from Lincoln Town School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vermont Municipal Bond Bank hold?

Vermont Municipal Bond 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 Vermont Municipal Bond Bank's profile

What is Lincoln Town School District currently buying?

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

View Lincoln Town School District's profile

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