Friday, April 9, 2010

Plenty of perks in contract of new Round Lake Dist. 116 boss

Roughly two weeks ago, District 116's elected board and the state finance authority that has been running the district approved Constance Collins' hiring at a $207,000 annual base salary in a five-year,

salary increases can't be less than the all-urban consumer price index for a calendar year. She also can't receive a raise of less than 1 percent or more than 6 percent.

She'll have to pay $35,000 in "liquidated damages" to the district if she resigns before June 30, 2015.

Barrington Unit District 220 Superintendent Tom Leonard's base this week was upped to $206,560. He'll receive 6 percent raises in each of the next four years

Click on the following for more details:  Daily Herald | Plenty of perks in contract of new Round Lake Dist. 116 boss

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