District explores ISDLAF investment of annual revenues

Mendota High School’s finance committee discussed a potential investment strategy using ISDLAF to invest approximately $1.6 to $1.9 million in annual Evidence Based Funding revenue. The approach would keep the funds invested to earn interest and transfer money into the district’s checking account as needed for expenditures.

Scope & details

The full contract record, as filed.

Contract amount

approximately $1.6 to $1.9 million annually (Evidenced Based Funding revenue to be invested)

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

Mendota High School Finance Committee Minutes 2026-05-13

Related contracts

Other contracts from ISDLAF.

View all →

Herscher Community Unit School District #2 Board of Education Agenda 2026-07-13

RENEWED

Herscher CUSD 2, IllinoisJul 12, 2026

Mokena School District 159 Treasurer's Detail Investment Report 2026-06-01

ONGOING

Mokena SD 159, IllinoisJun 1, 2026

North DuPage Special Education Cooperative Board Briefs 2026-05-11

APPROVED

Itasca SD 10, IllinoisMay 11, 2026

Consolidated High School District 230 Resolution Approved Depositories 2026-04-30

APPROVED

Cons HSD 230, IllinoisApr 30, 2026

Mokena School District 159 Treasurer's Detail Investment Report March 2026

ONGOING

Mokena SD 159, IllinoisMar 31, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mendota Twp HSD 280?

ISDLAF was awarded this financial services contract by Mendota Twp HSD 280, as recorded on May 13, 2026. The contract value is approximately $1.6 to $1.9 million annually (Evidenced Based Funding revenue to be invested).

How much is the ISDLAF contract with Mendota Twp HSD 280 worth?

The ISDLAF contract with Mendota Twp HSD 280 is valued at approximately $1.6 to $1.9 million annually (Evidenced Based Funding revenue to be invested), 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 Mendota High School Finance Committee Minutes 2026-05-13 (Minutes), dated May 13, 2026 from Mendota Twp HSD 280. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ISDLAF hold?

ISDLAF 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 ISDLAF's profile

What is Mendota Twp HSD 280 currently buying?

Explore Mendota Twp HSD 280's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Mendota Twp HSD 280's profile