Community Unit School District No. 5 Board Minutes December 2025
Transfer Approved to Pay Off District Loan at First Southern Bank
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Description
The Board of Education approved the transfer of $277,743.21 from the School Facility Occupation Tax Account to the Education Fund to pay off the District's outstanding Unit Office Building loan and related FY26 payments at First Southern Bank.
Contract Details
Contract Amount
$277,743.21
Vendor
FIRST SOUTHERN BANK
Agency
Carterville CUSD 5, IL
Contract Type
FINANCIAL_SERVICES
Document Date
December 18, 2025
Renewal Info
One-time payoff for remaining outstanding principal; no renewal clauses specified.
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Community Unit School District No. 5 Board Minutes December 2025
carterville_community_unit_school_district_no_5_re.pdf
carterville_community_unit_school_district_no_5_re.pdf
carterville-cusd-5-board-meeting-minutes-july-24-2025_05a.pdf
carterville-cusd-5-board-meeting-minutes-july-24-2025_05a.pdf
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