I attended the meeting of the McHenry County College Board tonight because of the following agenda item:
ACCEPT AND APPROVE DR. SMITH’S NOTICE OF INTENT TO RETIRE AS OF DECEMBER 31, 2015, AND GRANT DR. SMITH A POST RETIREMENT STIPEND OF $1,875.00
Just an agenda item.
President Vicky Smith didn’t say a word.
Trustee Cynthia Kissler, an attorney, explained the $1,875 was “a one-time stipend of only that amount. It is not a repeating amount.”
“It’s a post-retirement stipend,” added Board President Ron Parrish.
“It has not effect…on the pension…,” Kissler pointed out.
Mike Smith said that he thought the word “stipend” usually referred to a recurring amount, but the attorney replied, “Not in education. It’s a post-retirement incentive.”
Parish told his colleagues that he had gotten “some push back.”
The board attorney explained that a report was not necessary, that having an agenda item that was “understandable” was adequate.
“What was on the agenda was clear enough,” Board member Molly Walsh observed.
Trustee Chris Jenner wondered if the public would like to know “how we decided on the amount.”
“It was a personnel matter that was discussed in closed session,” Kissler pointed out.
“Deliberations on how it was arrived at does not have to be made public,” the attorney opined.
All on the Board voted, “Yes.”
= = = = =
At least the Board did not conclude that a huge Golden Parachute, such as was awarded ex-President Walt Packard, was necessary.
Packard got over $300,000.
The next board, of course, can change the decision not to share with the public the negotiations that resulted in Smith’s getting only a $1,875 going away present.
The College of DuPage’s ginormous Golden Parachute for its outgoing President probably was a factor in the McHenry County College Board’s decision.