Hanover Area Included in CTC Deficit Repayment MOU
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Description
The board approved including Hanover Area School District in the MOU that restructures repayment of the CTC’s 2024-2025 budget deficit. Hanover Area will make four equal annual payments over four fiscal years to satisfy its proportional obligation.
Contract Details
Vendor
HANOVER AREA SCHOOL DISTRICT
Agency
Wilkes-Barre Area Career & Technical Center, PA
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Repayment over four fiscal years (2026-2029) for 2024-2025 deficit
Renewal Date
2029-06-30
Renewal Info
One-time agreement covering the 2024-2025 deficit repayment through four future fiscal years.
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Wilkes-Barre Area Career & Technical Center J.O.C. Agenda May 18 2026
Wilkes-Barre Area Career & Technical Center J.O.C. Agenda May 18 2026
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