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Prescott board hears staff‑compensation options; schedules April workshop to finalize salary percent and benefits adjustments
Summary
Administration presented multiple compensation scenarios (2.63%–3.63%), 403(b) match and vesting concerns, and health‑insurance cost uncertainty; trustees asked for a workshop (proposed April 8) to finalize options, with a probable 3% starting proposal and further benefit scenarios to follow.
Prescott School District staff presented several compensation scenarios and asked the board to provide direction for an April decision and a workshop to refine benefit and longevity proposals.
A district financial presenter walked trustees through two principal approaches: (1) apply a percentage increase to the base‑cell salary (a flat-dollar effect across all steps) or (2) apply the percentage to every salary step so each employee’s current pay increases proportionally. The district showed three forecast models (2.63%, 3.0%, 3.63%) and noted the local Baird financial model projects each scenario’s effect on the…
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