Prospect Heights SD 23 Awards $3,866,000 Financial Services Contract to County of Cook Illinois (August 2026)

School District Number 23 approved issuing and selling $3,866,000 in 2025 Taxable Educational Purposes Tax Anticipation Warrants to The County of Cook, Illinois under the Local Taxing District Loan Program. The warrants provide short-term, interest-free financing to cover operational cash flow needs until 2025 levy taxes are collected, maturing March 1, 2027.

Scope & details

The full contract record, as filed.

Contract amount

$3,866,000

Contract type

FINANCIAL_SERVICES

Contract term

Dated August 28, 2026; Maturity Date March 1, 2027

Renewal date

2027-03-01

Renewal

Single-issue tax anticipation warrants with a fixed maturity date of March 1, 2027; no renewal or extension provisions are described. Default interest at 7.0% applies only if unpaid at maturity.

Document type

Resolution

Source document

School District Number 23 Resolution Authorizing Issuance of Taxable Tax Anticipation Warrants 2026-08-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Prospect Heights SD 23?

County of Cook Illinois was awarded this financial services contract by Prospect Heights SD 23, as recorded on August 19, 2026. The contract value is $3,866,000.

How much is the County of Cook Illinois contract with Prospect Heights SD 23 worth?

The County of Cook Illinois contract with Prospect Heights SD 23 is valued at $3,866,000, 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 23 Resolution Authorizing Issuance of Taxable Tax Anticipation Warrants 2026-08-19 (Resolution), dated August 19, 2026 from Prospect Heights SD 23. 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.

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What is Prospect Heights SD 23 currently buying?

Explore Prospect Heights SD 23's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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