Lake Zurich Unit District 95ís superintendent has received a retroactive raise because board members agreed heís 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.
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.
Eganís 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 95ís school board voted 6-0 to approve Eganís 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 95ís assistant superintendent for curriculum and instruction in May 2008.Copyright © 2013 Paddock Publications, Inc. All rights reserved.