Summary
The city will lend the school district up to $20 million in short-term cash as needed, at 2% above the federal funds rate, maturing by June 30, 2027.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 7, 2026.
Impact analysis
Up to $20 million lent to the district, with interest paid to the city at maturity.
The Appleton Area School District's cash flow; the city earns interest.
Mentions & discussions (2)
Common Council — October 7, 2026
The city will lend the school district up to $20 million in short-term cash as needed, at 2% above the federal funds rate, maturing by June 30, 2027.
Finance Committee — September 21, 2026
The city will lend the school district up to $20 million in short-term cash to cover the months before state aid and tax payments arrive. The district pays 2% above the federal funds rate, so the city earns more than it would on its own investments.
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