We were given a breakdown of Green’s entire compensation package, and we can see where a large portion of the new funding Nixon is determined to put into education is going to go. Only Marisol Montero voted against this contract for reasons which may become obvious as you read the contract details.
Here’s a somewhat detailed breakdown. The board increased his compensation almost 100% in one year without increasing his base salary a dollar.
1. Base salary: $250,000.00
2. Signing Bonus: $60,000.00 payable October 31, 2013 from non-public funds held at Greater Kansas City Community Foundation
3. Bonus to Increase MSIP-5 Points: Most likely between $10,000-$40,000 NOTE: 2012-2013, district had 80 pts which is 57% (the district’s reported figure of 60% is overinflated)
a. 60% (84 pts) = $10,000
b. 62% (87 pts) = $15,000
c. 65% (91 pts) = $30,000
d. 66.4% (93 pts) = $40,000 ($10,000 more for an increase of only 1.4%)
e. 70% (98 pts) = $50,000 (If district makes 70% in 2014, also triggers 2-month “sabbatical” for Green. See p. 8)
f. 80% (112 pts) = $70,000
g. 90% (126 pts) = $90,000
h. 100% (140) = $100,000
4. 7% Increase in Attendance Rate: $ 5,000
5. 5% Enrollment Increase Bonus: $ 5,000
With such low bars, probable total for this section: $25,000
6. For any year the district gets a “clean or ‘unqualified’ audit” $10,000
7. A “a suitable transition/succession plan” in the event he leaves $ 5,000
- ALL benefits from KCPS Employee Retirement Plan (which include sick leave, insurance, etc. — Estimated at 35-40% of salary)
2. KCPS contribution to supplemental retirement fund 403(b) p.7 $51,000
(Green invests –see p.12)
3. KCPS contribution supplemental retirement fund Sect 457(b) $17,500
annually (earlier proposal included $5,000 more as Green is over 50)
4. Supplemental insurance allowance (that’s in addition to all district plans $15,000
provided) annually (Paid directly to Green, no documentation on how spent required)
5. 4 additional weeks (20 days) Sick Leave (accumulative) $20,000
annually ($250,000/2000 hours = $125 per hr or $1,000 per day)
6. 5 weeks (25 days) (accumulative) vacation in addition to regular $25,000
vacation days annually
ALSO Retroactive to July 2012, payable this year $25,000
$163,500 this year
($138,500.00 subsequent 4 years)
REIMBURSABLE EXPENSES p.8
Meals, Blackberry, laptop, membership fees in professional or civic organizations, conference fees, hotels, airplane tickets, car lease (and/or mileage, gas,) etc. estimated between $55,000-$75,000 for 2012-2013.
OUTSIDE COMPENSATION EARNED BY GREEN: P.10
Over $25,000.00 must report to Board President (not full board).
NOTE: Green is in business with his son. P.9
SIGNING & RETENTION BONUSES p.12 Total for 3 yrs = $95,000.00
Signing Bonus: $60,000 (This contract replaces old contract w/Green which was through 2014, plus extensions. Original had no “Signing” bonus or retention bonuses)
2014-15 : $25,000
Signing/retention Bonuses to be paid with “non-public funds currently managed by the Greater Kansas City Community Foundation and subject to distribution at the direction of the Board.”
Is this the money raised several years ago that was intended to recruit competent principals?
All together its close to half a million dollars in total salary + benefits. Is that what it takes to keep someone in charge of an urban school district? The state has forced districts to focus on test scores because they have made them a critical factor in deciding if the district should be accredited. Contracts like these make clear the actual cost of being accountable to someone outside the local district for things that are important to that outside power. A couple of points cost tens of thousands of dollars. At least, that’s what the market seems willing to bear at this time. Is this really the best investment of our education dollars?