California School Superintendent Takes $800,000 Pay Cut Over Next Three Years

When a headline starts, "School Official Gives Himself a Hefty..." the next word is usually "Raise." But in Fresno County, Calif., School Superintendent Larry Powell gave himself a hefty pay cut. On Aug. 31, Powell will retire and then be hired back to fill the remainder of his four year term, reducing his now $250,000 annual salary to $31,020. The move will add over $800,000 to county schools over the next three years. "My wife and I are very well compensated. We've been very blessed...I've...Full Story
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