Reporting of Total Compensation of Subrecipient Executives 1. Applicability and what to report. Unless you are exempt as provided in paragraph d. of this award term, for each first-tier subrecipient under this award, you shall report the names and total compensation of each of the subrecipient's five most highly compensated executives for the subrecipient's preceding completed fiscal year, if--
i. in the subrecipient's preceding fiscal year, the subrecipient received--
(A) 80 percent or more of its annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 CFR 170.320 (and subawards); and
(B) $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts), and Federal financial assistance subject to the Transparency Act (and subawards); and
ii. The public does not have access to information about the compensation of the executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d)) or section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htm.)
2. Where and when to report. You must report subrecipient executive total compensation described in paragraph c.1. of this award term:
i. To the recipient.
ii. By the end of the month following the month during which you make the subaward. For example, if a subaward is obligated on any date during the month of October of a given year (i.e., between October 1 and 31), you must report any required compensation information of the subrecipient by November 30 of that year.
PROFESSIONAL COMPENSATION 8.1 The basic salaries of teachers covered by this Agreement are set forth in Appendix A which is attached to and incorporated into this Agreement. Such salary schedule shall remain in effect for the duration of this Agreement. The rate of salary for teachers employed less than full-time shall be based on the following formula applied to the appropriate salary track and experience level:
A. At the elementary level, the rate shall be determined on the basis of the amount of time assigned to the part-time teacher as a percentage of the total teaching time assigned to a full-time teacher in an equivalent assignment.
B. At the middle school, the rate for each exploratory and elective class assigned to a part-time teacher will be one-fifth (1/5) of the appropriate full-time salary.
C. At the high school, the rate for each class assigned to a part-time teacher will be one-fifth (1/5) of the appropriate full-time salary.
D. If a part-time teacher is assigned to more than one building, the rate of salary shall be determined for each building independently as described above and then added together. Additional compensation shall then be added for travel time between buildings based on the rate applied to the level to which the teacher is primarily assigned. The primary assignment is the level at which the greater percentage of time is assigned to the teacher.
8.2 Rates of pay for extra curricular duties covered by this Agreement are set forth in Appendix B. Teachers shall inform the District at the time they sign their contract the form they choose for their extra curricular stipend payment. The options shall be:
A. Lump sum payment at end of activity.
B. Prorated payment of stipend included in the remainder of their regular bi-weekly paychecks.
8.3 Tax deductions on teacher lump sum payments shall be made according to the available payroll program which provides the closest approximation of normal bi-weekly levels of deductions. Any changes in lump sum tax deduction programs will be discussed with the Association.
8.4 Xxx "XX+00", "XX+00", "XX+00" and "MA+45", in the salary classification refer to semester hours of credit earned subsequent to the time the appropriate degree was conferred. The "Specialist" classification refers to those people who have completed an Educational Specialist Degree, which did not necessarily include the award of a Master's Degree. Effective July 1, 2000, bargaining unit members holding Master’s Degrees from programs requiring forty-five (45) or more credits shall be placed on the salary schedule at MA+15.
8.5 Credit shall be given for a minimum of five (5) years of successful teaching, or equivalent experience in other systems or in other work. However, in order to continue to attract qualified teachers to the Waverly District, at the discretion of the Board, credit may be given for up to ten (10) years. It is understood that this section will not impose any loss or penalty to a teacher previously employed in the Waverly District. Effective July 1, 2000, first year teachers, who have completed an approved teacher preparation program requiring an internship of actual student teaching experience equaling 28 or more weeks of classroom teaching, shall be placed on Step One of the appropriate salary schedule.
8.6 A written statement from the teacher advising that he/she expects to complete eligible courses (as defined below) must be submitted before August 15. An official transcript or a letter of confirmation from the accredited university or college must be submitted to the Administration before October 1 or the salary increase will be deducted in the next check. When a letter of confirmation is used, an official college transcript must follow no later than February 1 of the current school year. If the official college transcript is not submitted to the Personnel Office by February 1, the salary increase will be deducted in equal portions from subsequent checks. In order for such credits to be eligible to be applied to the salary schedule, the course(s) shall meet one or more of the following criteria:
A. Be within the teacher's major or minor field of study.
B. Have a direct relationship to the teaching assignment, the District’s curriculum or educational services, or teaching methods.
C. Be within an approved program leading toward an advanced degree in education or additional certification. A teacher may request approval of a community college course that meets one or more of the above standards. Such approval must be requested from the administrator responsible for the Personnel Office prior to course enrollment. Any alteration to the above standards accomplished with the 2006-2007 Master Agreement shall not cause the salary schedule placement of any bargaining unit member made prior to that date to be decreased because the earlier placement conflicts with the revised standards.
8.7 All teachers of special education and alternative education/job skills shall receive Four Hundred Five Dollars ($405) over the adopted salary schedule. Special Education shall be that as defined by law.
