Green Mountain Unified School District Board Meeting Minutes August 2023
Apple Finance Provides $125K Laptop Lease for School District
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Description
Green Mountain USD approved a $125,760, 4-year, 0% interest financing contract with Apple Finance for 120 student and teacher laptops. ECF funds will pay the first year; future payments are budgeted annually.
Contract Details
Contract Amount
$125,760 (financed), $48,000 (year one with ECF funds), $25,920/yr (years 2-4)
Vendor
APPLE FINANCE
Agency
Green Mountain Unified School District, VT
Contract Type
TECHNOLOGY
Document Date
August 31, 2023
Contract Term
4 annual payments (years 1-4)
Renewal Date
2027-08-17
Renewal Info
4-year lease, no auto-renewal mentioned. Year one payment by ECF, subsequent annual budget payments.
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