Appleton Recommends $20 Million School District Loan

Appleton recommended entering an intergovernmental loan agreement with Appleton Area School District for short-term borrowing of up to $20 million as needed. The note would mature no later than June 30, 2027, with interest set at 2% above the average Federal Funds rate.

Document date · October 4, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $20 million

Contract type

FINANCIAL_SERVICES

Contract term

From the date of issuance through no later than June 30, 2027

Renewal date

2027-06-30

Document type

Agenda

Source document

City of Appleton Agenda Common Council 2026-10-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Appleton?

Appleton Area School District was awarded this financial services contract by City of Appleton, as recorded on October 4, 2026. The contract value is Not to exceed $20 million.

How much is the Appleton Area School District contract with City of Appleton worth?

The Appleton Area School District contract with City of Appleton is valued at Not to exceed $20 million, 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 City of Appleton Agenda Common Council 2026-10-07 (Agenda), dated October 4, 2026 from City of Appleton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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