001I aliance to the flag of the United States of America and to the republic for which it stands. One nation under God, indivisible, with liberty and justice for all. >> Good morning everyone this early in the morning. I will turn it over to Dr. M. >> Thank you madam president. Uh good morning. We are meeting pursuant to Indiana code 2029619 to present the terms of attendant agreement for considering ratification at next Thursday's board meeting. We will be receiving public comment after presentation of agreement as well as at that Thursday's meeting. We are looking at the same successful processes through collaboration in order to arrive at this time with an agreement that truly raises all votes. It is important to note that the teachers have already voted to approve the agreement last week. We are considering
002that all veteran BCS teachers received $2,000 to their base pay capping at $91,300. [Music] Teachers who were at the previous top of scale will receive $800 to the base and the remaining $1,200 in status. We will also be raising the base pay for beginning teachers from $54,300 to $55,300, which will keep us near the top of not only Northwest Indiana, but also throughout the state. The $2,000 to veteran teachers represents a 3% increase for teachers on average. And in the past 5 years, we've now been able to provide almost $16,000 in base increases to the veteran teachers. And we have increased beginning teacher salaries over $12,000 across the same amount of time. It's also important to note that all veteran teachers will receive a 1% referendum funded retention stipen at the end of the first
003semester. We also made some minor changes to the extracurricular account position such as implementing girls fly football, adding an assistant baseball coach as well as adding two more middle school drama sponsors due to the increased participation in those programs. Finally, in order to continue retention and reward consistency in attendance for teachers, we've increased a pool for the benefits for those teachers who have not been covered by the bridge and severance or 401 provisions in the contract whereby teachers who have accumulated over 90 days of sick leave and are not in those aforementioned groups will be able to exchange those excess sick days for deposit into their Viva account in the amount of $91 per day. This is a defined limited liability for the district as it is being funded through the investment interest we received
004this year. That concludes the changes in the master contract through our collaborative negotiations process. I'm happy to answer any questions you may have at this time before opening up public comment. >> Like you said, the teachers have done it. >> Yeah. >> We obviously wouldn't be here. >> It is an exceptional contract. Uh and we're very proud to be able to work with the teachers to provide these raises uh and benefits for them. They do yoga's work. We're we're just so happy to have them >> and our budget has reflected these um provisions that you've mentioned. >> Absolutely. Uh CFO Bulletfield and I have poured over uh the data last few months and we are we are definitely within budget but maxing out our capabilities. Anyone care to speak? No one signed up. >> Only
005question I have for Charlie is must be raining out if you're, you know, come to 7:30 school board meeting. >> The life of a retiree. >> Love meetings. >> This one especially. >> Okay. >> All right. If there's nothing else, meeting. >> Thank you. Thank you.