Wayne District Expands Webster Bank Vehicle Financing
- Disclosed value
- $1,400,000 principal amount; approximately $146,000 in unspent proceeds
- From resolution
- Document date
- Oct 5, 2026
The 30-second brief
The Wayne Local School District amended its lease-purchase financing with Webster Bank, national Association, covering a $1.4 million 2025 lease obligation. The amendment allows approximately $146,000 in unspent proceeds to fund additional motor vehicles, including school buses.
Webster Bank National Association holds this financial services contract with Wayne Local Schools. Its other public contracts on record include work for Patchogue-Medford Union Free School District and City of Copperas Cove city.
Term as filed: Master Lease Agreement dated April 24, 2025.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,400,000 principal amount; approximately $146,000 in unspent proceeds
- Document date
- October 5, 2026
- Term
- Master Lease Agreement dated April 24, 2025
- Agency
- Wayne Local Schools
- Source document
- Wayne Local School District Resolution Resolution Amending and Expanding the Purpose of Prior Resolutions Authorizing Lease-Purchase Financing for the Acquisition of Motor Vehicles 2026-10-05 (Resolution)
Webster Bank National Association's other public contracts
More Wayne Local Schools contracts
Questions about this contract
Who was awarded the financial services contract by Wayne Local Schools?
Webster Bank National Association was awarded this financial services contract by Wayne Local Schools, as recorded on October 5, 2026. The contract value is $1,400,000 principal amount; approximately $146,000 in unspent proceeds.
How much is the Webster Bank National Association contract with Wayne Local Schools worth?
The Webster Bank National Association contract with Wayne Local Schools is valued at $1,400,000 principal amount; approximately $146,000 in unspent proceeds, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Wayne Local School District Resolution Resolution Amending and Expanding the Purpose of Prior Resolutions Authorizing Lease-Purchase Financing for the Acquisition of Motor Vehicles 2026-10-05 (Resolution), dated October 5, 2026 from Wayne Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Webster Bank National Association hold?
Webster Bank National Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Wayne Local Schools currently buying?
Explore Wayne Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.