Tuesday, March 24, 2009

More from the land of taxpayer funded absurdity

As property taxes grow, school superintendent salaries grow faster.................

Even in these hard times, one school board voted to give the superintendent a raise of $ 7,292.00 per year, bringing him to $250,000 a year. That’s right. The superintendent is making a quarter million dollars, and your property taxes continue to increase.

Here is the info on Round Rock ISD Superintendent's salary and benefits. This information was taken from board minutes and the superintendent contract and amendments.

Here's background info taken from the board minutes:

1/11/06 Initial Hiring --Salary $204,600.00

2/20/07 + Salary Increase =New salary $221,991.00 (8.5% increase)

2/12/08 + Salary Increase =New salary $243,080.00

2/26/09 Salary Increase =New salary $250,372


Total increases since initial hire:$45,772.00 – an astounding 22.3% increase in 2 years!


Has your salary increased over 20% in two years? No, but your taxes may have.


7/17/07: Performance Bonus paid: $6,558.46 (to retirement plan of the Superintendent’s choice)


7/17/08: Performance Bonus paid: $7,539.00


In addition, the superintendent receives the following benefits (these amounts are from the original 2006 contract):

1) additional benefits for a yearly allowance of $3,500 to cover his immediate family;
2) life insurance premiums not to exceed $6,000 per year to the companies selected by the Superintendent for life insurance;
3) membership fees of the Superintendent for professional organizations;
4) contributions of up to $10,000 per District fiscal year (commencing in fiscal year 2006-2007) to a qualified retirement plan (annuity or other retirement benefits) of the Superintendent’s choice, for the benefit of the Superintendent, for each year of employment under this contract;
5) monthly expense allowance now at $5,800 per year (as of 2008) (not required to submit itemized receipts)
6) vacation days to accrue (at daily rate) at two days per month effective March 1, 2007 with maximum accrual of 48 days In addition, he gets Christmas break, spring break and a one week summer break during July 4th week just like all teachers and administrators.

Plus, under the contract, if he’s fired and there is an appeal:

The District shall provide legal counsel to represent the Superintendent in any litigation, including administrative processes, arising out of or alleged to arise out of the Superintendent’s duties with the District, without regard to whether the allegations are made against the Superintendent in his official or individual capacity. The District's obligations shall survive the termination of this Contract.”

Most school district Superintendent salaries are similar – see what your Superintendent is making (base pay) and ask your ISD for their contract, to see just what else they are receiving in addition to their base pay.

If you are pleased with the job your school district is doing and you think the salary is justified, lucky you! But you might want to first check to see what the average teacher salary is in your district. Check by clicking here.

It appears the taxpayers of the Round Rock ISD are the goose that laid the golden egg!

By pvenable
Created 03/03/2009

Published on Americans for Prosperity (http://www.americansforprosperity.org)

No comments: