Douglas County to give more money for teachers, schools because of higher-than-anticipated revenues
Last Updated: 90 days ago
DOUGLAS COUNTY, Colo. - The Douglas County School District will offer additional pay increases for employees and allocate more money to schools this year because of higher-than-anticipated property-tax revenues, according to officials.
School board members approved allocating an additional $3 million for employee pay raises and an extra $1.5 million that would be divided up among the district's campuses at a rate of about $22 per student.
Board president John Carson said the funding comes from higher-than-expected property-tax revenues that the district received over the summer.
"We want to make sure that if the district gets additional property-tax revenue that we put that back into the schools," Carson said.
The newly approved salary increases would provide an average raise of 1 percent in addition to the pay increases approved in May that ranged up to 7 percent based on a market-based system developed by the school district.
Read more from the Denver Post: http://ch7ne.ws/19mucc8
Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.