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Friday, November 22, 2024

Highest-paid teacher in Moline-Coal Valley CUSD 40 raked in $128,543.68 in the 2013-2014 school year

Salarycheck26

The top 50 highest-paid teachers in Moline-Coal Valley CUSD 40 each earned more than $110,000 in total compensation in 2014, according to the Illinois State Board of Education (ISBE).

The amount reflects teachers' full adjusted pay - a calculation which includes benefits and all pension contributions by taxpayers for each teacher, and reflects a full year of work instead of the nine months teachers actually worked.

Records show that in 2014, Diane I. Sommers, a teacher at Moline Sr High School at 1619 11th Ave., received $128,543.68, the highest full adjusted pay among all teachers in the district.

Included in that amount was $17,316.68 in taxpayer-funded benefits, $12,757.40 in retirement benefits, and $4,559.28 in other benefits.

Overall, the total amount Moline-Cole Valley CUSD 40 spent on its 50 highest-paid teachers in 2014 was $5,836,655.35.

Monline-Coal Valley CUSD 40 had 347 teachers in 2014.

According to the U.S. Census Bureau's 2014 Census American Community Survey, the median household income for Illinois was $57,444 in 2014.

ISBE is responsible for administering public education in Illinois and consists of nine board members appointed by the governor and approved by the Senate.

*Editor's note: A previous version of this story incorrectly noted the teacher benefits data was from fiscal year 2015 when it was actually from fiscal year 2014. We have updated the story accordingly.

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