FINANCIAL_SERVICESAPPROVED

Caledonia Cooperative Unified School District Awards $2,572,490 Financial Services Contract to Passumpsic Savings Bank (May 2025)

The board approved a $2,572,490 Tax Anticipation Note with Passumpsic Savings Bank to provide short-term financing while awaiting tax revenues. The bank was selected as having the best bid for the district's cash flow needs.

Status
APPROVED
Document date
May 28, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Passumpsic Savings Bank
Agency
Caledonia Cooperative Unified School District · VT

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Derivita logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
$2,572,490
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
caledonia-cooperative-unified-school-district-minutes-summer-meal-program-parking-lot-sealing-may-28-2025_261.md

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Caledonia Cooperative Unified School District?

Passumpsic Savings Bank was awarded this financial services contract by Caledonia Cooperative Unified School District, as recorded on May 28, 2025. The contract value is $2,572,490.

How much is the Passumpsic Savings Bank contract with Caledonia Cooperative Unified School District worth?

The Passumpsic Savings Bank contract with Caledonia Cooperative Unified School District is valued at $2,572,490, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in caledonia-cooperative-unified-school-district-minutes-summer-meal-program-parking-lot-sealing-may-28-2025_261.md (Minutes), dated May 28, 2025 from Caledonia Cooperative Unified School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Passumpsic Savings Bank hold?

Passumpsic Savings 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 Passumpsic Savings Bank's profile

What is Caledonia Cooperative Unified School District currently buying?

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

View Caledonia Cooperative Unified School District's profile

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