Cedarburg Recommends $2 Million Bank Line Of Credit
- Disclosed value
- Not to exceed $2,000,000; interest at 6% on amounts drawn
- From agenda
- Document date
- Sep 16, 2026
The 30-second brief
Cedarburg School District recommended approving a taxable line of credit with Port Washington State Bank for up to $2 million to address seasonal cash-flow needs. The district would pay 6% interest only on amounts drawn.
Port Washington State Bank holds this financial services contract with Cedarburg School District. Its other public contracts on record include work for Ozaukee County and Southeastern Wisconsin Regional Planning Commission.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $2,000,000; interest at 6% on amounts drawn
- Document date
- September 16, 2026
- Source document
- Cedarburg School District Agenda Cedarburg School Board Meeting 2026-09-16 (Agenda)
Port Washington State Bank's other public contracts
More Cedarburg School District contracts
Questions about this contract
Who was awarded the financial services contract by Cedarburg School District?
Port Washington State Bank was awarded this financial services contract by Cedarburg School District, as recorded on September 16, 2026. The contract value is Not to exceed $2,000,000; interest at 6% on amounts drawn.
How much is the Port Washington State Bank contract with Cedarburg School District worth?
The Port Washington State Bank contract with Cedarburg School District is valued at Not to exceed $2,000,000; interest at 6% on amounts drawn, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Cedarburg School District Agenda Cedarburg School Board Meeting 2026-09-16 (Agenda), dated September 16, 2026 from Cedarburg School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Port Washington State Bank hold?
Port Washington State 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.
What is Cedarburg School District currently buying?
Explore Cedarburg School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.