Sheboygan Area School District
Details of a new collective bargaining agreement approved on Tuesday between the Sheboygan Area School District Board of Education and the Sheboygan Education Association have been released.
The new contract includes a 4 percent salary increase for teachers, administrative, and support staff employee groups. The District received a $325 per-student increase from the State of Wisconsin, which covered about 3-1/2 percent. Using that, along with savings in other areas, the District was able to reach that 4 percent level. However, that still fell short of last year’s consumer price index of 8 percent, which historically the District has aimed to meet or surpass, and that resulted in the offer of an additional one-time, 4 percent stipend for all employee groups. The $3.3 million stipend amount will be paid from the Sheboygan Area School District Fund Balance, which is something like a savings account. That will still leave a fund balance sufficient to maintain both a favorable bond rating and a positive cash flow position, without impacting taxes in the district.
Now that the agreement has been reached, the public will have its chance to voice opinions at a public Hearing set for October 24th.
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