CONTRACTRECOMMENDED

Duluth Considers $27 Million Aid Financing

Duluth Public School District logoDuluth Public School District
Disclosed value
Estimated costs of $904,700, including all interest and fees; $27,000,000 aid anticipation certificates
From agendapacket
Document date
Nov 14, 2026
Term
December 29, 2026 – September 30, 2027
Renews
Free account

The 30-second brief

What it covers

Duluth Public Schools is considering a $27 million aid anticipation certificate financing with PMA Securities. The certificates would be dated December 29, 2026, and mature September 30, 2027, with estimated interest and fees of $904,700.

Who holds it

Pma Securities holds this financial services contract with Duluth Public School District. Its other public contracts on record include work for DuPage HSD 88 and Wabash Valley College.

What happens next

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Contract details

Contract type
Financial Services
Amount
Estimated costs of $904,700, including all interest and fees; $27,000,000 aid anticipation certificates
Document date
November 14, 2026
Term
December 29, 2026 – September 30, 2027
Renews
On record
Source document
Duluth Public Schools AgendaPacket Regular School Board Meeting 2026-11-17 (AgendaPacket)

Pma Securities's other public contracts

More Duluth Public School District contracts

Questions about this contract

Who was awarded the financial services contract by Duluth Public School District?

Pma Securities was awarded this financial services contract by Duluth Public School District, as recorded on November 14, 2026. The contract value is Estimated costs of $904,700, including all interest and fees; $27,000,000 aid anticipation certificates.

How much is the Pma Securities contract with Duluth Public School District worth?

The Pma Securities contract with Duluth Public School District is valued at Estimated costs of $904,700, including all interest and fees; $27,000,000 aid anticipation certificates, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Duluth Public Schools AgendaPacket Regular School Board Meeting 2026-11-17 (AgendaPacket), dated November 14, 2026 from Duluth Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pma Securities hold?

Pma Securities 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 Duluth Public School District currently buying?

Explore Duluth Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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