FINANCIAL_SERVICESRECOMMENDED

District Recommends Renewing $3M Bank Credit Line

The district recommended renewing its taxable revolving line of credit with Community First Bank for the 2026–27 school year. The borrowing authorization would support cash flow and permit borrowing of up to $3 million if needed before the December state aid payment.

Document date · October 12, 2026

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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
Not to exceed $3,000,000
Contract type
FINANCIAL_SERVICES
Contract term
2026–27 school year; borrowing authority ends June 30, 2027
Renewal date
2027-06-30
Renewal
Renewal for the 2026–27 school year; authority expires June 30, 2027.
Document type
Agenda
Source document
Stevens Point Area School District Agenda School Board Meeting Notice & Agenda 2026-10-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Stevens Point Area School District?

Community First Bank was awarded this financial services contract by Stevens Point Area School District, as recorded on October 12, 2026. The contract value is Not to exceed $3,000,000.

How much is the Community First Bank contract with Stevens Point Area School District worth?

The Community First Bank contract with Stevens Point Area School District is valued at Not to exceed $3,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Stevens Point Area School District Agenda School Board Meeting Notice & Agenda 2026-10-12 (Agenda), dated October 12, 2026 from Stevens Point Area School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community First Bank hold?

Community First 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.

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