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Schools chief forgoes $800k in pay
Key Excerpts from Article on Website of Boston Globe/Associated Press
Posted: September 7th, 2011
http://articles.boston.com/2011-08-29/news/29942045_1_school...
Some people give a bit back to their community. Then theres Fresno County School Superintendent Larry Powell, who is giving back $800,000, his compensation for the next three years. Until his term expires in 2015, Powell will run 325 schools and 35 school districts with 195,000 students, all for less than a starting California teacher earns. How much do we need to keep accumulating? asks Powell, 63. Theres no reason for me to keep stockpiling money. Powells generosity is more than just a gesture in a region with some of the nations highest rates of unemployment. As he prepares for retirement, he wants to ensure that his pet projects survive California budget cuts. And the man who started his career as a high school civics teacher, who has made antibullying his mission, hopes his act of generosity will help restore faith in the government he once taught students to respect. Powells answer? Ask his board to allow him to return $288,241 in salary and benefits for the next three and a half years of his term. He technically retired, then agreed to be hired back to work for $31,000 a year - $10,000 less than a first-year teacher - with no benefits.
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