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Hello again davebarry109:

Kindly disregard the prior comment by admitted union member Bg, because his math is wrong:

Raises are compounded over time, so 2.5% one year and 3% the following three years is not a simple 11.5% increase.

Here's how it actually works: a teacher earning top step [rounding to $80,000] would get a 2.5% retro raise to $82,000 in the first year, then 3% of that, or $2,460 in the first year of the new contract; 3% of the new amount, or $2,534 in the second; and another 3% of the new amount, or $2,610 in the third, instead of $2,000 the first year and $2,400 in successive years which would be the case if the raises were only applied to the original $80,000 figure.

According to the district, some 87% of teachers, or about 750, would be getting this top-step pay rate [not counting stipends, coaching, longevity, or advanced degree payments]. So, 750 teachers getting a combined $9,600 over three years plus a retro year is about $7.2 million. Again, these are rough estimates and include only top step teachers.