Civic IQ
FINANCIAL_SERVICESAPPROVED

Fairfield Community School District Regular Board Meeting Agenda 2026-06-22

UMB Bank Selected For Debt Service Depository

$1,000,000.00 depository limitFairfield Community School DistrictUMB BANKJune 22, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The board plans to designate UMB Bank as depository for the district’s debt service account, consistent with bond agreements, with a $1 million maximum balance for 2026-2027.

Contract Details

Contract Amount

$1,000,000.00 depository limit

Vendor

UMB BANK

Agency

Fairfield Community School District, IA

Contract Type

FINANCIAL_SERVICES

Document Date

June 22, 2026

Contract Term

2026-2027 depository designation period

Renewal Date

2027-06-30

Renewal Info

Annual depository authorization for the 2026-2027 period for the debt service account, aligned with bond agreement requirements.

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