FINANCIAL_SERVICESAPPROVED

Cedarburg School District Awards $2,000,000 Financial Services Contract to Port Washington State Bank (September 2026)

Cedarburg School District authorized a taxable revolving line of credit from Port Washington State Bank for up to $2 million. The 12-month facility carries a fixed 6% interest rate, allows draws through June 30, 2027, and matures by October 31, 2027.

Document date · September 16, 2026

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

The full contract record, as filed.

Contract amount
$2,000,000
Contract type
FINANCIAL_SERVICES
Contract term
12-month term; dated November 2, 2026, with draws permitted through June 30, 2027 and maturity no later than October 31, 2027 (in no event later than November 1, 2027)
Renewal date
2027-10-31
Renewal
Bank commitment expires November 30, 2026 unless accepted or terminated; if loan documentation is incomplete and the line has not been extended by December 31, 2026, the commitment expires. No renewal option is stated for the credit line.
Document type
Resolution
Source document
Cedarburg School District Resolution Cash Flow Borrowing 2026-09-16

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Frequently asked questions

Common questions about this contract, answered from the record.

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 $2,000,000.

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 $2,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Cedarburg School District Resolution Cash Flow Borrowing 2026-09-16 (Resolution), dated September 16, 2026 from Cedarburg School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

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What is Cedarburg School District currently buying?

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