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Wakefield Community School Board of Education Special Meeting Minutes 2026-05-21

Board Approves Settlement Agreement With Superintendent Farup

$155,000.00 in addition to regular salary and benefits through June 30, 2026Wakefield Public SchoolsFARUP, MATTMay 21, 2026

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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.

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