FINANCIAL_SERVICESRECOMMENDED

District Proposes $9M Cash-Flow Line with Nicolet Bank

Ashwaubenon School District administration recommended approval of a $9,000,000 revolving line of credit with Nicolet Bank for the 2026-27 school year to cover cash-flow needs. The facility carries a variable rate of Prime minus 1% with no commitment fees and is intended to be drawn only as necessary until tax and aid receipts arrive.

Status
RECOMMENDED
Document date
July 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Nicolet Bank
Agency
Ashwaubenon School District · WI

Trusted by teams at

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
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
$9,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
2026-2027 school year revolving line of credit
Renewal date
2027-06-30
Renewal
Annual cash-flow borrowing facility sized at $9,000,000, consistent with the prior year; line may be reused (revolving) throughout the 2026-27 fiscal year and is repaid as revenues are received. Future annual renewals would require separate board action.
Document type
AgendaPacket
Source document
Ashwaubenon School District AgendaPacket Board Meeting 2026-07-08

Related contracts

Other contracts from Nicolet Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Ashwaubenon School District?

Nicolet Bank was awarded this financial services contract by Ashwaubenon School District, as recorded on July 8, 2026. The contract value is $9,000,000.00.

How much is the Nicolet Bank contract with Ashwaubenon School District worth?

The Nicolet Bank contract with Ashwaubenon School District is valued at $9,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Ashwaubenon School District AgendaPacket Board Meeting 2026-07-08 (AgendaPacket), dated July 8, 2026 from Ashwaubenon School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nicolet Bank hold?

Nicolet 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 Nicolet Bank's profile

What is Ashwaubenon School District currently buying?

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

View Ashwaubenon School District's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free