School Superintendent Marion Canedo signed a new three-year contract, at a salary of $150,000 a year, during a special meeting of the Buffalo Board of Education on Monday evening in City Hall.
In addition to an $11,125 annual raise from her present salary of $138,875, the new contract provides:
Personal expenses of $13,500 each year, to be paid either as salary or as contributions to an insurance plan, IRA or other tax-deferral plan.
An expense account of $6,500 a year, in addition to up to $5,000 a year for dues in professional organizations.
Use of a car and related expenses.
Annual salary increases of at least 3.5 percent or the current rate of inflation, whichever is greater.
Twenty-four annual vacation days, five personal leave days and 12 sick days, in addition to school holidays. Canedo will work a 12-month year.
That the School Board conduct an annual performance review, and has the right to buy out Canedo's contract if her work is unsatisfactory.
The new contract, approved unanimously by the seven board members present, will run from July 1 through June 30, 2004.
A last-minute amendment to the contract gives the school district the option of keeping Canedo on for up to another year as a consultant, at the same salary, to assist her successor.
Board President Paul G. Buchanan praised Canedo and said the new contract also relieves the board of having to begin a nationwide search for a new superintendent.
Such a search would have begun this summer if Canedo were being retained only for the final year of her present contract.
After 33 years with the school district, Canedo retired in June 1999 as assistant superintendent. Six months later, she returned as associate superintendent, passing up a similar offer in Florida, where she and her husband had planned to live. Then in January 2000, she was named interim superintendent after her predecessor, James Harris, accepted a buyout after a stormy tenure.
In March 2000, she signed her present contract as superintendent.
In other business, the board approved a tentative agreement with the Buffalo Council of Supervisors and Administrators. The administrators represented by the union will vote at 4 p.m. today on the agreement, whose details weren't disclosed.