When the Argos School Board met last week Superintendent Ned Speicher presented the board with a review of the potential reimbursements allowed to the general fund for the past five years. He said that $200,000 worth of funds have been collected through various education sales over the years and up until now it has been in a savings account.
In order for that money to be spent, it had to be transferred from savings to checking. However, Superintendent Speicher mentioned that the money most likely won’t be used but it’s good to have it available, should the need arise. The board unanimously approved the additional appropriation to be added to the 2017 general fund.
Additionally, board members approved the 2017-2018 and 2018-2019 negotiated master contract for certified teachers and the administrative contracts for principals.
The teacher’s two-year contract included a new beginning base pay of $34,500. The pay for teachers can range from that starting price to $61,000 depending on licensing, degrees and years of experience. The contract includes a two percent increase for all returning teachers. The administrative contracts included a 1 year extension for principals. A two percent increase for all faculty members, including cafeteria staff, bus drivers and custodians was also approved by the school board members.
