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Board approves one-time employee retention bonus aligned with state allocation
Summary
Following legislature action to fund a one-time FY26 bonus, the board approved offering $1,500 for full-time and $750 for part-time employees, to be paid in June and subject to standard tax withholding; contracted employees are eligible if they sign and return contracts.
The board approved a plan to provide a one-time retention bonus for FY26 following adjustments in the General Assembly’s budget. Staff proposed offering $1,500 for full-time employees and $750 for part-time employees (matching the state suggestion) and discussed eligibility for contracted employees who sign contracts to return for the upcoming school year.
The presenter noted the state will provide a portion of the funding and that the local share could vary; an upper-range local cost estimate was provided but subject to change based on final employee lists and turnover. Board members asked about taxation and VRS treatment; the presenter said the bonus will be taxed per IRS rules and will not be counted toward VRS service credit. The board moved and approved the retention bonus distribution.
Nut graf: The board’s vote authorizes district leaders to distribute a one-time bonus consistent with the state-funded program and with local adjustments; staff will administer the payments in June and include language about repayment or prorating for employees who leave shortly after receipt.
Ending: Administration will notify employees by email and finalize logistics for payroll distribution.
