Update on LLAC Line of Credit for School

The board received an update on Desert Sands Charter High School’s line of credit with LLAC, which currently carries a 6% interest rate. The report included the outstanding balance and confirms that the financing arrangement is ongoing.

Document date · March 3, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Line of credit, term not specified

Renewal

Ongoing line of credit with LLAC; no renewal or maturity details provided in the minutes.

Document type

Minutes

Source document

Desert Sands Charter High School Board Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Desert Sands Charter District?

LLAC was awarded this financial services contract by Desert Sands Charter District, as recorded on March 3, 2026.

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 Desert Sands Charter High School Board Meeting Minutes March 2026 (Minutes), dated March 3, 2026 from Desert Sands Charter District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does LLAC hold?

LLAC 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 LLAC's profile

What is Desert Sands Charter District currently buying?

Explore Desert Sands Charter District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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