FINANCIAL_SERVICESAPPROVED
Cornell SD Agenda Board Meeting 2026-06-18
First National Bank Issues Tax Anticipation Note to Cornell
$2,300,000Cornell SDFIRST NATIONAL BANKJune 18, 2026
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Description
Cornell SD approved a $2,300,000 Tax Revenue Anticipation Note with First National Bank to ensure district cash flow for 2025-2026.
Contract Details
Contract Amount
$2,300,000
Vendor
FIRST NATIONAL BANK
Agency
Cornell SD, PA
Contract Type
FINANCIAL_SERVICES
Document Date
June 18, 2026
Renewal Date
2027-06-30
Renewal Info
Typically a one-year short-term borrowing; renewed annually as needed.
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