No more 6% increases for Timmy

ARTICLE IV. COMPENSATION

 4.0 Salary. The Superintendent's salary shall be increased by 3% to $224,357 per annum commencing July 1, 2019. In the second year of the contract and each year thereafter the Superintendent's compensation, if adjusted, will be adjusted pursuant to Section 4.2 hereof. Salary shall be payable pursuant to the School District's standard payroll schedule and procedures including any required withholding. 

4.1 Fringe Benefits. In addition to the foregoing salary, the Superintendent shall receive all of the benefits, including postretirement benefits, set forth in Exhibit "A" hereto, which is made a part hereof. 

4.2 Salary Adjustments. Any adjustments in the Superintendent's salary during the term of this Contract shall be deemed an amendment to this Contract provided, however, that such adjustments shall not be construed as either creating a new contract between the School District and the Superintendent, or in any manner extending the anticipated termination date of this Contract. At no time shall the annual salary of the Superintendent be decreased during the term of this contract. Additional compensation or increase in the Superintendent's annual salary shall be determined by the Board pursuant to performance evaluations conducted each year. If the Board determines that the Superintendent has met the mutually agreed to performance criteria described in Section 3 above, 8 then the Superintendent's salary shall be increased by three (3%) percent effective as of the first day of the contract year following the year reviewed. 

In addition to any increase in base salary, the Board may, in its discretion, award additional compensation in the form of a bonus if it determines that such bonus is appropriate in light of all factors deemed relevant by the Board including the Superintendent's performance with regard to student academic performance, or other Board identified goals or focus areas.


For comparison: Current contract and Amendment to current contract