At its next meeting (agenda: http://goo.gl/i5t4B ), the Monrovia School Board will consider approving an employee contract for the 2013-14 fiscal year. All three of its bargaining units - teachers, support, and administrative - would get ...
- A 3% salary increase, which is a reinstatement of an earlier pay cut.
- A 2.78% increase in benefits.
- Five more instructional days per year, from 175 back up to 180.
Total cost will be $1,118,621.
The cost increase for the 2013-14 year will come out of reserves (though the district will not drop below its 3% legal reserve minimum) and for subsequent years it will be paid for from "Existing reserves and future cost reductions as necessary."
Comment: Hmmm. I'm happy for everybody's pay to be restored, but dipping into reserves for a continuing expense seems a bit dicey in the long term. But maybe I'm missing something.
- Brad Haugaard
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