FINANCIAL_SERVICESAPPROVED

Poudre School District R-1 Awards Financial Services Contract to Treasurer of the State (the “state Treasurer”) (December 2025)

Poudre School District R-1 authorized issuance of an interest-free District Note of up to $20,000,000 to the Colorado State Treasurer under the State Treasurer’s Interest-Free Loan Program to manage 2025-26 cash flow needs. The Note matures June 24, 2026, is secured by pledged property tax revenues, and bears default interest only if not repaid in full by the maturity date.

Status
APPROVED
Document date
December 9, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Treasurer of the State (the “state Treasurer”)
Agency
Poudre School District R-1 · CO

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

The full contract record, as filed.

Contract amount
Up to $20,000,000 aggregate principal; interest-free if repaid by June 24, 2026; default interest at Default Rate thereafter
Contract type
FINANCIAL_SERVICES
Contract term
From Closing Date in Fiscal Year 2025-26 through June 24, 2026 (final maturity), with early prepayment allowed at any time before maturity
Renewal date
2026-06-24
Renewal
This is a single fiscal-year borrowing under the 2025-26 State Treasurer’s Interest-Free Loan Program; the Note matures and must be repaid by June 24, 2026, and any future participation would require separate Board action and a new resolution.
Document type
Resolution
Source document
Poudre School District R-1 Resolution Authorizing Participation in the State Treasurer’s Interest-Free Loan Program 2025-12-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Poudre School District R-1?

Treasurer of the State (the “state Treasurer”) was awarded this financial services contract by Poudre School District R-1, as recorded on December 9, 2025. The contract value is Up to $20,000,000 aggregate principal; interest-free if repaid by June 24, 2026; default interest at Default Rate thereafter.

How much is the Treasurer of the State (the “state Treasurer”) contract with Poudre School District R-1 worth?

The Treasurer of the State (the “state Treasurer”) contract with Poudre School District R-1 is valued at Up to $20,000,000 aggregate principal; interest-free if repaid by June 24, 2026; default interest at Default Rate thereafter, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Poudre School District R-1 Resolution Authorizing Participation in the State Treasurer’s Interest-Free Loan Program 2025-12-09 (Resolution), dated December 9, 2025 from Poudre School District R-1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Treasurer of the State (the “state Treasurer”) hold?

Treasurer of the State (the “state Treasurer”) 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 Treasurer of the State (the “state Treasurer”)'s profile

What is Poudre School District R-1 currently buying?

Explore Poudre School District R-1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Poudre School District R-1's profile

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