FLINT TWP. — Leading the way for hard budget cuts necessary for Carman-Ainsworth Schools to meet expenses next school term, Superintendent Steve Tunnicliff announced in April he would be taking voluntary concessions to his contract that would save 11 percent of his costs.
He announced his intent to meet with a the superintendent contract committee to hash out the details.
Details now available from an addendum to Tunnicliff’s three-year contract, and approved by the board earlier this month, indicate that his concessions will reduce district costs by about $21,516.
That includes elimination of his longevity payment ($5,760) and mileage stipend ($3,600) ; reduction of a boardpaid annuity from 10 percent of base salary to 6.65 percent ($5,661); and raising his contribution to insurance premiums to 50 percent, instead of the legally required 20 percent minimum ($6,494).
These reductions become effective July 1 through June 30, 2016.
Similar to terms recently ratified in the teacher’s union collective bargaining agreement, Tunnicliff’ would receive a stipend if the districts audited fund balance exceeds 3, 4 and 5 percent specified increases in years 2014-15; 2015-16 and 2016.-17, respectively.
The stipend is calculated based on formula calculations from the previous yea’s IRS quarterly statement for all district salary expenses.
Tunnicliff has said that he deems it “appropriate for the superintendent to lead the way in shouldering this responsibility by personally making voluntary concessions.”
He said the district’s financial shape will require obtaining serious concessions from collective bargains groups for the 2013-14 school budget that must be approved by June 30.
Audit reports indicate that the district’s unassigned general fund balance will be about $835,000 as of June 30, down from a $3.1 million at the end of last school term and significantly less than a $7.5 million reserve a few years ago.