FINANCIAL_SERVICESAPPROVED

Mount Prospect SD 57 Awards $5,943,000 Financial Services Contract to County of Cook Illinois (August 2026)

School District Number 57 authorized the issuance and sale of $5,943,000 in 2025 Taxable Educational Purposes Tax Anticipation Warrants to The County of Cook, Illinois under the Local Taxing District Loan Program. The County will provide interest-free short-term cash flow assistance, to be repaid from pledged 2025 educational property tax collections by March 1, 2027.

Status
APPROVED
Document date
August 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
County of Cook Illinois
Agency
Mount Prospect SD 57 · IL

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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
$5,943,000
Contract type
FINANCIAL_SERVICES
Contract term
Dated August 28, 2026; due March 1, 2027
Renewal date
2027-03-01
Renewal
Single-issue tax anticipation warrants maturing March 1, 2027; no renewal or extension options described. Interest at 7.0% per annum applies only if the District fails to pay at maturity.
Document type
Resolution
Source document
School District Number 57 Resolution Issuance of Taxable Tax Anticipation Warrants 2026-08-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mount Prospect SD 57?

County of Cook Illinois was awarded this financial services contract by Mount Prospect SD 57, as recorded on August 20, 2026. The contract value is $5,943,000.

How much is the County of Cook Illinois contract with Mount Prospect SD 57 worth?

The County of Cook Illinois contract with Mount Prospect SD 57 is valued at $5,943,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in School District Number 57 Resolution Issuance of Taxable Tax Anticipation Warrants 2026-08-20 (Resolution), dated August 20, 2026 from Mount Prospect SD 57. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does County of Cook Illinois hold?

County of Cook Illinois 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 County of Cook Illinois's profile

What is Mount Prospect SD 57 currently buying?

Explore Mount Prospect SD 57's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Mount Prospect SD 57's profile

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