On Wednesday, 11/28/12, the VTA bargaining team met with the District to verify the funding levels for our district with the passage of Prop 30. We were able to agree that our funding level is $5228.06 per ADA, which places us on the 3.5% column of our contingency chart instead of the 6.5% column.
Consequently, the following changes will be made:
-only 1 furlough day will be taken (5/31/13) instead of 6 furlough days.
-Base Salaries will be restored to full levels minus 1 furlough day (about 99.5% of full pay)
-Schedule K chart stipends will be restored to 50% levels.
-Department Chair and Teacher-in-charge stipends will be restored to 100% levels.
-a small adjustment will be made in the health carryover funds
-Any and all retroactive pay will be received on January pay warrants.