District Budgets Installment Proceeds From MCN Sale
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Description
Mendocino Unified School District has incorporated proceeds from the sale of Mendocino Community Network (MCN) into its 2026-27 budget and multi-year projection, with MCN paying $50,000 per year for four years. The budget correction adds this local revenue starting in 2026-27 and maintains it for the following two years.
Contract Details
Contract Amount
$200,000 (four installments of $50,000 per year)
Vendor
MENDOCINO COMMUNITY NETWORK (MCN)
Agency
Mendocino Unified, CA
Contract Type
OTHER
Document Date
June 9, 2026
Contract Term
Four annual installments of $50,000; budgeted in 2026-27 and two subsequent years
Renewal Info
Sale proceeds structured as four annual installments of $50,000; revenue assumed in budget year and two subsequent years, implying the agreement spans at least through 2028-29.
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