Sumter County School District Awards Financial Services Contract to Southstate Bank N.A. (August 2026)
Sumter County School DistrictSchool · Bushnell, FL- Disclosed value
- Not to exceed $20,000,000
- From resolution
- Awarded
- Aug 25, 2026
- Renews
- Free account
The 30-second brief
The School Board of Sumter County, Florida has awarded a negotiated Tax Anticipation Note, Series 2026, in an amount not to exceed $20,000,000 to SouthState Bank, N.A. to provide interim financing for district operating expenses during the 2026/2027 fiscal year. The note carries a fixed 3.95% interest rate, matures March 1, 2027, and is secured by pledged operating ad valorem tax receipts and the Note Payment Fund.
Southstate Bank N.A. holds this financial services contract with Sumter County School District. Its other public contracts on record include work for City of Belle Isle.
The renewal date is on record. A free account shows it, with the renewals for every Sumter County School District contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $20,000,000
- Document date
- August 25, 2026
- Term
- From date of delivery of Note to March 1, 2027
- Renews
- Free account
- Vendor
- Southstate Bank N.A.
- Source document
- The School Board of Sumter County Resolution Tax Anticipation Note Series 2026 2026-08-25 (Resolution)
Southstate Bank N.A.'s other public contracts
More Sumter County School District contracts
Questions about this contract
Who was awarded the financial services contract by Sumter County School District?
Southstate Bank N.A. was awarded this financial services contract by Sumter County School District, as recorded on August 25, 2026. The contract value is Not to exceed $20,000,000.
How much is the Southstate Bank N.A. contract with Sumter County School District worth?
The Southstate Bank N.A. contract with Sumter County School District is valued at Not to exceed $20,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in The School Board of Sumter County Resolution Tax Anticipation Note Series 2026 2026-08-25 (Resolution), dated August 25, 2026 from Sumter County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Southstate Bank N.A. hold?
Southstate Bank N.A. may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Sumter County School District currently buying?
Explore Sumter County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.