Common use of COMPENSATION DETAILS Clause in Contracts

COMPENSATION DETAILS. Funding for this model is based upon three sources: Certified Salary Savings Reallocation – This is the calculated savings difference between the cost of retiring and resigning bargaining unit members and their corresponding replacements. Enrollment-Driven Funding –Sixty-five percent (65%) of new revenue Reduction in Force Savings Reallocation – Savings experienced by not replacing staff members who left through attrition. New revenue (for the 2020-21 contract) is defined as revenue generated by Tuition Support, Special Education Grant, and Vocational Grant that is in excess of the funding from the 2019- 20 contract year for the same revenue sources. The net amount available for employee compensation resulting from these three funding sources is (accounting for teacher retirement and social security costs): $294,382 Using these three sources as a beginning point of negotiation, the BEA and the BOARD have agreed upon the following:

COMPENSATION DETAILS. Funding for this model is based upon three sources: Certified Salary Savings Reallocation – This is the calculated savings difference between the cost of retiring and resigning bargaining unit members and their corresponding replacements. Enrollment-Driven Funding –Sixty-five percent (65%) of new revenue Reduction in Force Savings Reallocation – Savings experienced by not replacing staff members who left through attrition. New revenue (for the 20202021-21 22 contract) is defined as revenue generated by Tuition Support, Special Education Grant, and Vocational Grant that is in excess of the funding from the 2019- 20 2020- 21 contract year for the same revenue sources. The net amount available for employee compensation resulting from these three funding sources is (accounting for teacher retirement and social security costs): $294,382 475,422.38 Using these three sources as a beginning point of negotiation, the BEA and the BOARD have agreed upon the following:

COMPENSATION DETAILS. Funding for this model is based upon three sources: Certified Salary Savings Reallocation – This is the calculated savings difference between the cost of retiring and resigning bargaining unit members and their corresponding replacements. Enrollment-Driven Funding –Sixty-five percent (65%) of new revenue Reduction in Force Savings Reallocation – Savings experienced by not replacing staff members who left through attrition. New revenue (for the 20202023-21 24 contract) is defined as revenue generated by Tuition Support, Special Education Grant, and Vocational Grant that is in excess of the funding from the 2019- 20 2022- 23 contract year for the same revenue sources. The net amount available for employee compensation resulting from these three funding sources is (accounting for teacher retirement and social security costs): $294,382 364,334 Using these three sources as a beginning point of negotiation, the BEA and the BOARD have agreed upon the following: