WHERE PROFESSOR SMITH IS NOW Salary placement 2004-05: Group 5 step 14: $76,747 2005-06: Group 5 step 15: $78,650 2006-07: Group 5 step 16: $80,553 Base for future salary raises Total over 3 years with no raise: $235,950 | DISTRICT'S LAST PROPOSAL 3.5% effective August 2006 4% Bonus on 2005-06 Salary Placement: 2004-05: Group 5 step 14: $76,747 2005-06: Group 5 step 15: $78,650 2006-07: Group 5 step 16: $83,372 Base for future raises 4% Bonus on 05-06 = $3,146 One time money |
WHAT EVERYBODY ELSE GOT 2% effective January 2005 3.5% effective January 2006 Salary placement 2004-05: Group 5 step 14: $76,747 Effective January 05: $78,282 Salary placement 2005-06: Group 5 step 15: $80,223 Effective January 06: $83,031 Salary placement 2006-07: Group 5 step 16: $85,040 Base for future salary raises Total over 3 years: 76,747 X (3/10) + 78,282 X (7/10) + 80,223 X (3/10) + 83,031 X (7/10) + 85,040 = $245,050 3/10 represents three months of October-December out of 10 pay periods. 7/10 represents seven months of January-July | WHAT THE COLLEGE GOT COLA 2004-05 = 2.41% PFE 2004-05 Equalization 2004-05 Total | $1,864,271 $3,661,884 $3,607,904 $9,134,059 | COLA 2005-06 = 4.23% PFE 2005-06 Equalization Prior year adjustment Total | $3,688,212 $614,476 $951,769 $812,352 $6,066,809 | COLA 2006-07 = 5.92% Equalization General purpose (one time funds) Compton Total | $5,523,368 $3,172,562 (one time funding) $1,897,860 $1.5 million (Approximately) $12,093,790 | |