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Brandywine board approves 3% local pay increases; CFO warns of temporary tax-receipt shortfall
Summary
The school board approved salary-schedule increases for several non‑union employee groups and accepted the August financial report after the CFO warned New Castle County asked mortgage companies to hold escrow payments until adjusted tax bills expected Oct. 15, creating a potential short-term cash‑flow issue.
The Brandywine School District Board of Education on Sept. 15 approved salary-schedule increases for several non‑union employee groups and accepted the district—s August financial report while the district—s chief financial officer warned of a possible near-term cash shortfall.
The approved salary changes raise the local portion of certain salary scales by 3% and apply a 3% increase to combined scales for other groups, following a 2% state increase already reflected in some state-funded columns. "These groups have already received the state increase on their salary scales, so the state column has already increased by 2% from the previous year," Mr. McCoy, the district—s chief…
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