Medford School Board Approves Funds to Cover Pay Hikes

, Posted: Tue, January 8 2013 at 8:02 AM, Updated: Tue, January 8 2013 at 8:09 AM

The Medford School Board has approved the spending of $200,000 to cover the difference, after district  administrators received a pay increase last Fall. 

The board met Monday night, and voted 5 to 2 for the budget amendments.

In August, the board approved a wage increase that cost $350,000, cutting an early retirement option.

The savings in the insurance costs came out to $150,000 leaving the $200,000 difference.

The district is on schedule to spend $1 million less than anticipated this fiscal year.

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