CONTRACTDISCUSS​ED

Normandy Discusses Midwest BankCentre Line Of Credit

Normandy Schools Collaborative logoNormandy Schools Collaborative
Document date
Sep 8, 2026

The 30-second brief

What it covers

Normandy Schools Collaborative discussed establishing a line of credit/Tax and Revenue Anticipation Note with Midwest BankCentre to address a temporary FY2026–27 operating-fund cash-flow shortfall. The proposed borrowing would be secured by anticipated tax receipts and remain in place until property tax collections begin in December 2026.

Who holds it

Midwest Bankcentre holds this financial services contract with Normandy Schools Collaborative. Its other public contracts on record include work for Gurnee SD 56 and Jefferson County.

What happens next

Term as filed: Interim period until property tax collections begin in December 2026; FY2026–27.

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Contract details

Contract type
Financial Services
Document date
September 8, 2026
Term
Interim period until property tax collections begin in December 2026; FY2026–27
Source document
Normandy Schools Collaborative Agenda Executive Session September 8, 2026 (Agenda)

Midwest Bankcentre's other public contracts

More Normandy Schools Collaborative contracts

Questions about this contract

Who was awarded the financial services contract by Normandy Schools Collaborative?

Midwest Bankcentre was awarded this financial services contract by Normandy Schools Collaborative, as recorded on September 8, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Normandy Schools Collaborative Agenda Executive Session September 8, 2026 (Agenda), dated September 8, 2026 from Normandy Schools Collaborative. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Midwest Bankcentre hold?

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

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What is Normandy Schools Collaborative currently buying?

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