Review Agenda Item
Meeting Date: 6/20/2024 - 7:00 PM
Category: Information and Study Items
Type: Action
Subject: Employment Agreement: Chief Financial Officer - Third Contract Amendment
District Priorities:
Enclosure
File Attachment:
2024-06-20 Addendum to Agreement - CFO Contract - Pappalardo.pdf
2024-06-20 Addendum to Agreement - CFO Contract - Pappalardo - Revised Signatures.pdf
Summary: On January 20, 2022, the Board approved a the original contract with Chief Financial Officer, Dr. John Pappalardo. The attached Amendment has been updated to reflect:

• An extension to the contract term by one (1) year and now ends on June 30, 2026

• An adjustment in base compensation to reflect the 2% increase provided to all employees, effective July 1, 2024

• An increase to the District’s contribution for up to the amount of $14,600 Single; $16,875 Two Party; $21,775 Family of benefits granted to other certificated management, to be effective July 1, 2024
Funding:
Recommendation: The Governing Board approve the third amendment to the Chief Financial Officer’s Employment Agreement.
Approvals:
Recommended By:
Signed By:
Carlena Grandey - Administrative Assistant to the Superintendent
Signed By:
Kristi Schwiebert - Superintendent