District prepays $3M on State Trust Fund debt
Glendale-River Hills School DistrictSchool · Glendale, WI- Disclosed value
- $3,000,000
- From budget
- Document date
- May 20, 2026
The 30-second brief
Glendale-River Hills School District plans to apply $3,000,000 of fund balance in June 2026 to prepay its State Trust Fund loan, cutting the outstanding balance from $5.48 million to about $2.45 million. The early repayment restructures debt, shifts levy capacity to the general fund, and is expected to generate substantial interest and tax savings.
State Trust Fund holds this financial services contract with Glendale-River Hills School District. Its other public contracts on record include work for Elm Grove village and City of Whitewater.
Term as filed: Prepayment in June 2026 toward existing debt (current balance $5,477,729).
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Contract details
- Contract type
- Financial Services
- Amount
- $3,000,000
- Document date
- May 20, 2026
- Term
- Prepayment in June 2026 toward existing debt (current balance $5,477,729)
- Vendor
- State Trust Fund
- Source document
- Glendale-River Hills School District Budget Adjustment 2025-26 2026-05-20 (Budget)
State Trust Fund's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Glendale-River Hills School District?
State Trust Fund was awarded this financial services contract by Glendale-River Hills School District, as recorded on May 20, 2026. The contract value is $3,000,000.
How much is the State Trust Fund contract with Glendale-River Hills School District worth?
The State Trust Fund contract with Glendale-River Hills School District is valued at $3,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in Glendale-River Hills School District Budget Adjustment 2025-26 2026-05-20 (Budget), dated May 20, 2026 from Glendale-River Hills School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does State Trust Fund hold?
State Trust Fund 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 Glendale-River Hills School District currently buying?
Explore Glendale-River Hills School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.