Comparison of Compensation of Former Superintendent and Current Superintendent

Former Superintendent Control Board Contract 7/1/08-6/30/12 Base Compensation Range of $190,000 to $212,778 during contract years Increase in Salary Annual % increase in base salary equal to average % increase received in the same fiscal year by superintendents in a cluster of comparable school districts. On an annual basis for an additional increase of base salary based on achievement of performance goals. FY 2009 - $192,850 FY 2010 - $200,564 FY 2011 - $206,580 FY 2012 - $212,778

Current Superintendent Warwick School Committee Contract 7/1/12 Compensation $198,500

Increase in Salary 2% COLA annual effective 7/1 of each year in the term. 0% to 3% increase based on performance effective 7/1 of each year in the term.

Annuity $15,000 annual payment made in 2008, 2009, 2010, and 2011 Payments Made as a result of Relocating to Springfield 1) Work Prior to July 1st (10 days) $8,370.10

Annuity None

Payments Made as a result of Relocating to Springfield Not Applicable

2) Relocation Expense - $4,482.32 3) Rental Expenses (7/1/08 2/28/09 $9,654.37 4) Market Differential - $30,000

Vacation 22 days Health Insurance As provided to principals Disability Insurance Offer to pay 100% of annual compensation package SPS paid $12,370.66 (in 2012) Life Insurance Offer to pay two (2) times salary SPS paid $9,074.66 (in 2012) Sick Days 18 Days (advanced 30 days as of 7/1/2012). Payment of sick days up to $20,000 if terminated because of disability Continuation of health and life insurance for 60 days Reimbursement for Travel and Expenses, Dues, and Conferences Automobile Allowance $650 per month in lieu of mileage, tolls, and parking reimbursement ($7,800) Technology Support

Vacation 22 days per year; 8 contract days per year Health/Dental Insurance Same terms as offered to other administrators Disability Insurance Same terms as offered to other administrators

Life Insurance Same terms as offered to other administrators

Sick Days Accrues 1 per month unless uses sick days

Reimbursement for Travel and Expenses, Dues, and Conferences Automobile Allowance No reimbursement for commuting, tolls or parking Technology Support

Use of smart phone, fax/printer, laptop Maintenance and other monthly or recurring charges for technology at the expense of SPS

Use of Smart phone, laptop, iPad; reimburse for cost of internet access at home

Parking 1550 Main no charge

Parking 1550 Main no charge

Severance If termination of employment without cause, entitled to severance of 18 months or payment of salary to end of contract (whichever is less) Total Compensation paid to former Superintendent during contract FY 2009 - $268,156 FY 2010 - $223,364 FY 2011 - $229,380 FY 2012 - $257,023

None

Total Compensation to be paid to Superintendent Warwick in FY 2013 $198,500