2014 readers choice results
Article posted: 3/14/2013 4:56 PM

Retroactive raise for Lake Zurich Unit District 95 Superintendent Michael Egan

Michael Egan

Michael Egan

 
 1 of 1 
 
text size: AAA

Lake Zurich Unit District 95's superintendent has received a retroactive raise because board members agreed he's met performance goals that were set for him.

Superintendent Michael Egan started the 2012-13 academic year with a $193,000 base salary. His contract shows his base pay was set at $193,000 for the 2011-12 school season, which is when the latest deal started.

Advertisement

Following school board approval, Egan signed a contract amendment March 1 giving him a 2.6 percent raise retroactive to the beginning of the current academic year. His annual base salary went from $193,000 to $198,108 with the hike retroactive to July 1.

District 95 board members determined Egan achieved his goals of being fiscally responsible in keeping a balanced budget, facilitating a new contract with the teachers union and maintaining student achievement, according to the amendment document obtained through a Daily Herald Freedom of Information Act request.

Egan's contract runs through June 30, 2014. As part of his deal, he receives 20 days of annual vacation, 15 sick leave days, a $500 monthly automobile allowance, and retirement contributions and major medical insurance premiums covered entirely by taxpayers.

District 95's school board voted 6-0 to approve Egan's contract amendment without comment or details for the public. Egan and board President Kathy Brown could not be reached for comment Thursday.

Board members elevated Egan to superintendent for 2009-10 after letting Brian Knutson out of his contract a year early so he could retire. Egan moved up from Lake Zurich High School principal to District 95's assistant superintendent for curriculum and instruction in May 2008.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
Latest Video

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    MarketsReport

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity

    BusinessDirectory

    Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

    Don't see your town listed? Visit our full directory to begin your search.