Superintendent Pay Transparency Notice ‐ Proposed Contract Notice is hereby given that the Board of Education has approval of a proposed Superintendent employment contract on its agenda for the Thursday, July 13, 2017 regular board meeting to be held at the Kneale Administration Building, Board of Education meeting room. The estimated costs to the District and Superintendent if the proposed contract is approved for the three year term of the contract are: 2017 ‐ 2018 (07‐01‐2017 through 06‐30‐2018) Employer Expense Description Salary FICA ‐ Social Security ($127,200 * 6.2%) Max FICA ‐ Medicare 1.45% (2.35% >$200,000) EE Only Retirement ‐ 9.8778% (EE) *101% (ER) Relocation Expenses Nebraska Council of School Administrators Association for Supervision and Curriculum American Association of School Administrators Federal Income Tax (estimated) State Income Tax (estimated) Long Term Disability Insurance Health Insurance (projected) Dental Insurance (projected) Cost to Employer
$248,207.79 $7,886.40 $3,599.01 $24,517.47 $0.00 $335.00 $239.00 $447.00 $0.00 $0.00 $546.06 $7,639.20 $344.04 $293,760.97
Cost to Employee
Employee Expense $0.00 ‐$7,886.40 ‐$4,032.88 ‐$24,274.72 $0.00 $0.00 $0.00 $0.00 ‐$38,000.00 ‐$12,500.00 ‐$546.06 $0.00 $0.00 $0.00 ‐$87,240.06
2018 ‐ 2019 (07‐01‐2018 through 06‐30‐2019) Description Salary (Estimated) FICA ‐ Social Security ($127,200 * 6.2%) Max FICA ‐ Medicare 1.45% (2.35% >$200,000) EE Only Retirement ‐ 9.8778% Nebraska Council of School Administrators Association for Supervision and Curriculum American Association of School Administrators Federal Income Tax (estimated) State Income Tax (estimated) Long Term Disability Insurance Health Insurance (projected) Dental Insurance (projected) Cost to Employer
Employer Expense
Employee Expense
$248,207.79 $7,886.40 $3,599.01 $24,517.47 $335.00 $239.00 $447.00 $0.00 $0.00 $546.06 $7,639.20 $344.04 $293,760.97
$0.00 ‐$7,886.40 ‐$4,032.88 ‐$24,274.72 $0.00 $0.00 $0.00 ‐$38,000.00 ‐$12,500.00 ‐$546.06 $0.00 $0.00 $0.00
Cost to Employee
‐$87,240.06 2019 ‐ 2020 (07‐01‐2019 through 06‐30‐2020)
Description Salary (Estimated) FICA ‐ Social Security ($127,200 * 6.2%) Max FICA ‐ Medicare 1.45% (2.35% >$200,000) EE Only Retirement ‐ 9.8778% Nebraska Council of School Administrators Association for Supervision and Curriculum American Association of School Administrators Federal Income Tax (estimated) State Income Tax (estimated) Long Term Disability Insurance Health Insurance (projected) Dental Insurance (projected) Cost to Employer Cost to Employee
Employer Expense
Employee Expense
$248,207.79 $7,886.40 $3,599.01 $24,517.47 $335.00 $239.00 $447.00 $0.00 $0.00 $546.06 $7,639.20 $344.04 $293,760.97
$0.00 ‐$7,886.40 ‐$4,032.88 ‐$24,274.72 $0.00 $0.00 $0.00 ‐$38,000.00 ‐$12,500.00 ‐$546.06 $0.00 $0.00 $0.00 ‐$87,240.06