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Hesperia Community Schools Awards Financial Services Contract to Shelby State Bank (August 2026)

Hesperia Community Schools
Disclosed value
$1.8M
From minutes
Approved
Aug 24, 2026

The 30-second brief

What it covers

The Hesperia Community Schools Board affirmed a state aid borrowing arrangement of $1.8 million with Shelby State Bank, approved unanimously 6-0. This borrowing provides short-term cash flow support for district operations tied to state aid.

Who holds it

Shelby State Bank holds this financial services contract with Hesperia Community Schools. Its other public contracts on record include work for Pentwater village and Pentwater Public School District.

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Contract details

Contract type
Financial Services
Amount
$1.8M
Document date
August 24, 2026
Vendor
Shelby State Bank
Agency
Hesperia Community Schools
Source document
Hesperia Community Schools Board of Education Minutes 2026-08-24 (Minutes)

Shelby State Bank's other public contracts

Pentwater village, MichiganDebt Service Payments Made to Shelby State Bank · Sep 14, 2026Pentwater Public School District, MichiganDistrict to Maintain Depository Accounts at Shelby State Bank · Jul 20, 2026UndisclosedHESPERIA DISTRICT LIBRARY, MichiganLibrary Opens CDs with Shelby State Bank · Jun 16, 2026HESPERIA DISTRICT LIBRARY, MichiganLibrary Exploring Investments with Shelby State Bank · May 19, 2026UndisclosedTown of Sherman, MichiganTownship Manages CDs With Shelby State Bank · Apr 21, 2026UndisclosedAll Shelby State Bank contractsVendor profile

More Hesperia Community Schools contracts

EDUSTAFFHesperia Plans to Bring EduStaff Employees In-House · Oct 12, 2026UndisclosedSatchel PulseHesperia Schools Implement Satchel Pulse Screening Platform · Sep 21, 2026UndisclosedNCRESANCRESA Providing Staff Coaching Support to Hesperia Schools · Sep 21, 2026UndisclosedFountain HillFountain Hill Provides Counselor for Grades 5-12 · Aug 24, 2026UndisclosedAdvantage FleetBoard Approves Bills to Advantage Fleet · Aug 24, 2026UndisclosedAll Hesperia Community Schools activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Hesperia Community Schools?

Shelby State Bank was awarded this financial services contract by Hesperia Community Schools, as recorded on August 24, 2026. The contract value is $1.8M.

How much is the Shelby State Bank contract with Hesperia Community Schools worth?

The Shelby State Bank contract with Hesperia Community Schools is valued at $1.8M, covering financial services work.

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 Hesperia Community Schools Board of Education Minutes 2026-08-24 (Minutes), dated August 24, 2026 from Hesperia Community Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shelby State Bank hold?

Shelby State Bank 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 Hesperia Community Schools currently buying?

Explore Hesperia Community Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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