Lunenburg County Board of Supervisors AgendaPacket 2026-06-04
County Continues Bond Debt Service with US Bank
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Description
Lunenburg County continues its long‑term debt service relationship with US Bank for multiple school and county bond issues, including QSCB financings and radio system debt. Scheduled principal and interest payments run through at least FY2031 on school projects and FY2037 on the radio system.
Contract Details
Contract Amount
$378,750 in FY2026; $147,393 in FY2026; $204,250 annually FY2026–FY2031; $146,825 in FY2026; $150,672 in FY2027 and varying thereafter
Vendor
US BANK
Agency
Lunenburg County, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 4, 2026
Contract Term
Debt service on multiple school and county bonds with remaining terms from 1 to 11 years as of FY2026
Renewal Date
2037-06-30
Renewal Info
Debt instruments carry fixed amortization schedules; payments continue until scheduled maturities between FY2031 and FY2037 unless bonds are refinanced or prepaid.
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