CONTRACTONGOING

PMLD Reports $600,000 Reserve Trust Loan Withdrawal

Town of Paxton
Disclosed value
$600,000
From minutes
Document date
Sep 15, 2026

The 30-second brief

What it covers

Paxton Municipal Light Department reported a $600,000 loan withdrawal from Reserve Trust in its May 2026 financials. The financing affected non-operating income and resulted in associated interest losses.

Who holds it

Reserve Trust holds this financial services contract with Town of Paxton.

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Contract details

Contract type
Financial Services
Amount
$600,000
Document date
September 15, 2026
Source document
Paxton Municipal Light Department Minutes Light Commission Meeting September 15, 2026 (Minutes)

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Questions about this contract

Who was awarded the financial services contract by Town of Paxton?

Reserve Trust was awarded this financial services contract by Town of Paxton, as recorded on September 15, 2026. The contract value is $600,000.

How much is the Reserve Trust contract with Town of Paxton worth?

The Reserve Trust contract with Town of Paxton is valued at $600,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Paxton Municipal Light Department Minutes Light Commission Meeting September 15, 2026 (Minutes), dated September 15, 2026 from Town of Paxton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Reserve Trust hold?

Reserve Trust 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 Town of Paxton currently buying?

Explore Town of Paxton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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