FINANCIAL_SERVICESAPPROVED

Sumter County School District Awards $20,000,000 Financial Services Contract to Southstate Bank N.a. (August 2026)

Sumter County School Board approved a Tax Anticipation Master Note, Series 2026 with SouthState Bank, N.A. for $20,000,000.00 at a 3.95% interest rate. The note will be issued on August 27, 2026 and mature on March 1, 2027 to support district cash flow needs.

Status
APPROVED
Document date
August 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Southstate Bank N.a.
Agency
Sumter County School District · FL

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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
$20,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Date of Issue: August 27, 2026; Maturity Date: March 01, 2027
Renewal date
2027-03-01
Renewal
Single tax anticipation note with fixed maturity on March 1, 2027; no renewal terms mentioned.
Document type
Agenda
Source document
Sumter County School District Agenda Regular Sumter County School Board Meeting 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

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 $20,000,000.00.

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 $20,000,000.00, covering financial services work.

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 Sumter County School District Agenda Regular Sumter County School Board Meeting 2026-08-25 (Agenda), dated August 25, 2026 from Sumter County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View Southstate Bank N.a.'s 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.

View Sumter County School District's profile

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