Tuesday, February 24, 2009

Passing Go, collecting a grand

Good ol' Wade is passing Go once again, and
collecting another grand for his efforts.

That's right, he's attending the Greater Powell Area Chamber of Commerce's Annual Meeting & Luncheon with Julie Feasel.

Poor Wade, such a tough way to make a living. But it's all for the kids. The Ben Franklins mean nothing.

Go on, take the money and run.

6 comments:

Anonymous said...

The taxpayers have a board lead by one who speaks in weasel words when it comes to finances and salaries; what else should we expect?? Spending other peoples money is easy.

Anonymous said...

Olentangy Board of Education members Tuesday began exploring the financial benefits of bringing an alternative education school to the district instead of sending more than 100-plus students to other school sites in central Ohio.
The district is considering renovating a historic barn adjacent to the under construction Berkshire Middle School property on 3B’s and K Road.
Interim Superintendent Jeff Brown said the district will explore other options for a possible site of an alternative school and get back to the board in the coming months.

The board will host a welcome reception on March 17 for the district’s new superintendent Wade Lucas.

All community members are invited to attend the reception which will be held from 4:30 p.m. to 6 p.m. in the team room of Olentangy Shanahan Middle School, 814 Shanahan Road, Lewis Center.

I also heard that Olentangy want 5 high school.
Olentangy has so much money they don't know what to do with it!
When will it stop???

Anonymous said...

Green district offers buyouts to teachers, administrators

By George W. Davis

Special to the Beacon Journal

POSTED: 07:32 p.m. EST, Feb 24, 2009

To offset a projected budget shortfall, the Green school district is offering buyouts to teachers and administrators.

Superintendent Wade E. Lucas said the incentive package being offered could put a large dent in what budget cuts will be required this year.

Lucas said the cuts will be needed even if voters on May 5 pass a 5.9-mill operating levy that would raise $4.2 million.

Lucas said 125 teachers and administrators are eligible for the plan, which could include a $50,000 annuity payable in $10,000 increments over five years for those meeting certain requirements. The deadline to apply is the end of April.

To be eligible for the offer, teachers must have spent at least 10 years teaching at Green and make at least $55,000 annually. Administrators must also have been with the district for 10 years and make at least $80,000 a year.

''We need a minimum of 16 teachers and administrators to take advantage of this offer or it goes away for everyone,'' the superintendent said.

If 16 teachers accept the proposal, the district said, it can replace them with six teachers at lower salaries, saving $700,000 annually.

''I honestly think we can get at least 50 percent of our goal [of $2 million in cuts] through this attrition plan, which is a very humane way to replace staff,'' Lucas said.

Educators Preferred Corp., of Southfield, Mich., is managing the buyout offers.

The Coventry school district, faced with a $2.2 million deficit projected in 2010, has also offered buyouts. The district is hoping at least six of its most experienced and costly teachers nearing retirement agree to quit in exchange for $40,000 spread out over five years. The district also wants six custodians, cooks or other classified employees to take $20,000 over five years to quit.


To offset a projected budget shortfall, the Green school district is offering buyouts to teachers and administrators.

Superintendent Wade E. Lucas said the incentive package being offered could put a large dent in what budget cuts will be required this year.

Lucas said the cuts will be needed even if voters on May 5 pass a 5.9-mill operating levy that would raise $4.2 million.

Lucas said 125 teachers and administrators are eligible for the plan, which could include a $50,000 annuity payable in $10,000 increments over five years for those meeting certain requirements. The deadline to apply is the end of April.

To be eligible for the offer, teachers must have spent at least 10 years teaching at Green and make at least $55,000 annually. Administrators must also have been with the district for 10 years and make at least $80,000 a year.

''We need a minimum of 16 teachers and administrators to take advantage of this offer or it goes away for everyone,'' the superintendent said.

If 16 teachers accept the proposal, the district said, it can replace them with six teachers at lower salaries, saving $700,000 annually.

''I honestly think we can get at least 50 percent of our goal [of $2 million in cuts] through this attrition plan, which is a very humane way to replace staff,'' Lucas said.

Educators Preferred Corp., of Southfield, Mich., is managing the buyout offers.

The Coventry school district, faced with a $2.2 million deficit projected in 2010, has also offered buyouts. The district is hoping at least six of its most experienced and costly teachers nearing retirement agree to quit in exchange for $40,000 spread out over five years. The district also wants six custodians, cooks or other classified employees to take $20,000 over five years to quit.

Anonymous said...

What this proves is that Green's money is greener than Olentangy's.

I bet there aren't any red iPods floating around there right now.

Only until A.) district residents begin defeating levies, or B.) district voters retire those do-nothings Feasel and Meider (and decline to replace them with similar do-nothings) will this district begin to budget and spend properly.

I remember hearing months ago that the district was going to hire a "Budget Officer" to help poor, beleaguered Becky with creating and, ostenbibly managing, the districts budget--as if that's a full-time job--as if that shouldn't already be the responsibility of the Treasurer.

How many people does she have working under her?

LOL--a "CFO" who doesn't know how to budget! (note quotations because she really isn't one--at least by any reasonable standard) But, good for her. She's learned how to fool her employers for all these years while getting raises and bonuses. What does she make? $100-105K, plus bonuses and other cash benefits for probably another $15K? Then the board contributes an amount equal to 25% of her total compensation into her SERS account...another $30,000 annually.

While the rest of us are sweating in July, looking at 9% unemployment and thankful to still have a job--though we received no raise and no bonus just pick up a snow globe where it's Christmas every day, with smiling, shiny-happy plastic people inside frolicking without a care in the world. That's the school district--completely shielded from the reality of what goes on in the real world, thanks to the idiots on the school board.

Anonymous said...

Wow... Green is cutting back while Lucas is rolling in the money w/ his new job.

Any remorse or guilt Wade???

Anonymous said...

anybody see the article on the Columbus Supt not taking a pay increase?

Look at her base and benefits compared to the smaller district, less experienced WadeO.