Board of Education Meeting Agenda April 21 2026
District Awards $550,000 RAN to Greene County Bank
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Description
The Board accepted Greene County Bank’s bid for a $550,000 Revenue Anticipation Note at an interest rate of 4.25% to provide short-term cash flow financing for the district. The action formally approves Greene County Bank as the lender for this borrowing.
Contract Details
Contract Amount
$550,000 at 4.25% interest
Vendor
GREENE COUNTY BANK
Agency
George Junior Republic Union Free School District, NY
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Renewal Info
This is a one-time Revenue Anticipation Note borrowing; no renewal terms are described in the agenda.
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APPROVEDIssuing Agency
George Junior Republic Union Free School District
School
Freeville, NY
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