School Committee Approves $30 Million Short-Term Borrowing for Whitman Middle School Project

District forced to seek BAN as "bridge loan" after long-term bond bids fail due to delayed audits

HANSON - May 7 - The Whitman-Hanson Regional School Committee has approved a $30 million short-term borrowing to finance the Whitman Middle School project after challenges in securing long-term bonds.

The short-term borrowing, which matures on March 18, 2026, comes after no bidders stepped forward for the district's planned long-term bond offering.

"On th…