FINANCIAL_SERVICESONGOING

IPS Utilizes Trust INdiana for Investments

Indianapolis Public Schools invests over $78.8 million with Trust INdiana at a 3.612% rate, generating approximately $248,622 in interest for July 2026. The state-sponsored pool serves as a key cash equivalent investment vehicle for the district.

Document date · August 6, 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

Scope & details

The full contract record, as filed.

Contract amount
$77,572,231.08 beginning balance; July deposits $8,000,000.00; disbursements $(7,000,000.00); interest income $248,621.84; ending balance $78,820,852.92
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing cash equivalent investment; July 2026 activity at 3.612% rate
Renewal
Participation in the Trust INdiana investment pool appears ongoing without a specified maturity or renewal schedule in the report.
Document type
Report
Source document
Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-08-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Indianapolis Public Schools?

Trust Indiana was awarded this financial services contract by Indianapolis Public Schools, as recorded on August 6, 2026. The contract value is $77,572,231.08 beginning balance; July deposits $8,000,000.00; disbursements $(7,000,000.00); interest income $248,621.84; ending balance $78,820,852.92.

How much is the Trust Indiana contract with Indianapolis Public Schools worth?

The Trust Indiana contract with Indianapolis Public Schools is valued at $77,572,231.08 beginning balance; July deposits $8,000,000.00; disbursements $(7,000,000.00); interest income $248,621.84; ending balance $78,820,852.92, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Indianapolis Public Schools Treasurer's Report: Cash & Investments 2026-08-06 (Report), dated August 6, 2026 from Indianapolis Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Trust Indiana hold?

Trust Indiana may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Trust Indiana's profile

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