Board Approves Settlement Agreement With Superintendent Farup
Trusted by teams at
Description
Wakefield Community School Board approved a settlement agreement with Superintendent Matt Farup, providing $155,000 in additional severance payments and confirming his resignation effective June 30, 2026. The agreement includes remote work, waiver of accrued leave payouts, and a broad release of employment-related claims.
Contract Details
Contract Amount
$155,000.00 in addition to regular salary and benefits through June 30, 2026
Vendor
FARUP, MATT
Agency
Wakefield Public Schools, NE
Contract Type
OTHER
Document Date
May 21, 2026
Contract Term
Through June 30, 2026
Renewal Date
2026-06-30
Renewal Info
This is a one-time separation and settlement agreement tied to Mr. Farup’s resignation effective June 30, 2026; it does not renew and is not subject to extension.
More from Wakefield Public Schools
Wakefield Community School Board of Education Special Meeting Minutes 2026-05-21
Wakefield Community Schools Board of Education Agenda Packet 2026-05-11
Wakefield Community School Board of Education Regular Meeting Minutes 2026-05-11
Wakefield Community School Payroll Voucher By Vendor Report 2026-05-08
Wakefield Community School Payroll Voucher By Vendor Report 2026-05-08
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.