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Douglas school district receives $15 million loan

Douglas School District logoDouglas School District
Disclosed value
$15,000,000
From meeting minutes
Document date
Mar 24, 2025
Term
20 years

The 30-second brief

What it covers

Douglas School District is set to receive a $15 million no-interest loan from Senate Bill 6 to fund building facilities, to be paid back over 20 years. This financial support is crucial for the District's infrastructure development and long-term sustainability.

Who holds it

Douglas School District holds this loan contract with Douglas School District. Its other public contracts on record include work for South Dakota Vocational Rehabilitation Board | State of South Dakota and Douglas School District 51-1.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Loan
Amount
$15,000,000
Document date
March 24, 2025
Term
20 years
Vendor
Douglas School District
Agency
Douglas School District
Source document
douglas-school-districtmeeting-minutes2025-03-24_17a.pdf (Meeting Minutes)

Douglas School District's other public contracts

South Dakota Vocational Rehabilitation Board | State of South Dakota, South DakotaDouglas School District Approved for Transition Services · Sep 15, 2026UndisclosedDouglas School District 51-1, South DakotaDistrict Partners With West River Mental Health · Jul 13, 2026UndisclosedDouglas School District 51-1, South DakotaDistrict Enters MOU With Lifeways Inc · Jul 13, 2026UndisclosedSouth Dakota Housing Development Authority, South DakotaHousing Authority Commits $15 Million to Douglas School · Apr 14, 2026$15MSouth Dakota Housing Development Authority, South DakotaSD Housing Commits $15 Million to Douglas School District · Apr 14, 2026$15MAll Douglas School District contractsVendor profile

More Douglas School District contracts

Accounts Payable ReportAccounts Payable Report Listed on Agenda · Sep 2, 2026UndisclosedTHRILLSHAREThrillshare Cited in School Communication Updates · Aug 19, 2026UndisclosedStack, CarrieCarrie Stack Named Convocation Keynote Speaker · Aug 19, 2026UndisclosedPOWERSCHOOLPowerSchool Included in District Communication Language · Aug 19, 2026UndisclosedU.S. News & World ReportU.S. News Recognizes Douglas High School · Aug 19, 2026UndisclosedAll Douglas School District activityAgency profile

Questions about this contract

Who was awarded the loan contract by Douglas School District?

Douglas School District was awarded this loan contract by Douglas School District, as recorded on March 24, 2025. The contract value is $15,000,000.

How much is the Douglas School District contract with Douglas School District worth?

The Douglas School District contract with Douglas School District is valued at $15,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in douglas-school-districtmeeting-minutes2025-03-24_17a.pdf (Meeting Minutes), dated March 24, 2025 from Douglas School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Douglas School District hold?

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

What is Douglas School District currently buying?

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

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