The Mill Valley School District is closed today as teachers and staff take the second of two salary reduction days to help combat a $1.4 million budget deficit.
Teachers and staff voluntarily agreed to the pay cut as part of a "shared sacrifice" approach expected to save the district a projected $200,000. The first furlough day was on Oct 8, 2012 before voters approved a $196 parcel tax on the November ballot. The money, which is on top of an existing $731 parcel tax, will preserve current standards of education including all teachers and academic programs. The funds will be available next year, said Superintendent Paul Johnson. In the meantime, the salary reduction days will benefit the district now.
"It's for the current 2012-2013 school year," Johnson said. He added that there will be no salary reduction days next year.
In addition to the salary reduction days, teachers agreed to paying a higher percentage of medical coverage costs in exchange for a one-time payment of between $248 and $497 to help cover rising premiums.
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