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Please disregard Raven's flawed math:
Per the expired contract, step 10 salary is $76,601. Retro pay of 2.5% is $78,516 or a bump of $1,915. First year compound of 3% is a salary of $80,871, a $2,355 raise. Then $83,297, a $2,426 raise. Finally $85,795, a $2,498 raise. Cumulative over the 750 teachers he's throwing out there is $6.89 million. If you're going to throw around fiscal figures, you can't be off by $300k.
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