NOTICE OF PUBLIC MEETING CONCERNING THE PROPOSED CONTRACT BETWEEN WARSAW COMMUNITY SCHOOL CORPORATION EMPLOYING DAVID HOFFERT AS SUPERINTENDENT On January 5, 2016 at 4:00 p.m. in the Warsaw Educational Service Center located at 1 Administration Drive, Warsaw, Indiana, the Board of School Trustees will meet to discuss and hear from the public objections to and support for the proposed contract amendment, which will be effective from July 1, 2015 to June 30, 2017. Proposed Contract Details 2016 Annual Base Salary $148,100 Annual 403(b) Plan Contribution $0 Annual Teacher Retirement Fund Contribution $4,443 Annual Group Health Insurance Premium Contribution* $5,353 Annual Group Dental Insurance Premium Contribution* $1,339 Annual Long Term Disability Premium Contribution (estimate)* $100 Annual Term Life Premium Contribution (estimate)* ($140,000 Death Benefit) $200 Annual Club Membership/Dues $0 Annual Automobile Allowance $0 Annual Technology Allowance $ 884 Total of Proposed Contract Details For 2016 $ 160,419 *Indicates that Warsaw Community Schools’ contribution may be adjusted if the insurance carrier increases the premiums for same level of coverage. Agreement Length: Indiana statute requires the superintendent contract to be for a term of at least 36 months. The proposed contract can be canceled by the Board of School Trustees for the reasons set out in Indiana statute. The superintendent and Warsaw Community Schools can, by mutual agreement, cancel the proposed contract at any time. Annual Review and Adjustment: The Board of School Trustees is contractually obligated to annually evaluate the superintendent’s job performance. If certain pre-established bench marks are met by the superintendent as part of the annual evaluation, the superintendent is entitled to receive performance based increases to his base salary of up to $8,000 for the second year of this contract. Vacation Days: The superintendent receives 20 vacation days of which he may carry over five unused days to the following year, but may not possess more than 25 days. Additional Benefits: The superintendent receives additional, non-duplicative benefits that are made available to Warsaw Community Schools certified teachers pursuant to the current collective bargaining agreement. 12-21 hspaxlp