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Board approves 3% COLA retention stipend for staff
Summary
The board adopted Resolution 2025-2026-7 to provide a COLA retention stipend equal to 3% of annual contracted base salary for exempt employees or expected annual base earnings for non‑exempt employees, to be paid June 25, 2026.
The Heartland Charter School Board unanimously approved Resolution 2025-2026-7, authorizing a COLA retention stipend to be paid on the June 25, 2026 paycheck. The stipend is set at 3% of annual contracted base salary for exempt employees or expected annual base earnings for non-exempt employees, as described in the resolution; Nicole Panero moved and Nathan Paugh seconded the motion.
The minutes record the board's action and the percentage but do not list total cost estimates or individual payout amounts. Payroll and HR will implement the stipend payment on the stated payday in accordance with the resolution's eligibility criteria.
