GIFFORD — The Gifford school board has agreed to a new five-year contract with Superintendent Rod Grimsley.
Grimsley is in his second year at the helm of the district.
The contract will pay him $99,464 a year, Grimsley said.
Under terms of the contract, his pay increases will be the same percentages as those granted to teachers in the district.
"The board has the capability of giving more if they would like," Grimsley said.
The original contract was performance-based, which is required in Illinois, he said, adding that the state implemented that requirement when Grimsley and the school board were negotiating his first contract.
"In Illinois, all multiyear contracts have to be performance-based," Grimsley said. "You have to set goals. Each individual district can come up with its own goals."
His current contract will come up for renewal in June 2017.
In other business at this week's meeting, the board approved the annual resolution abating $142,872 for the 2013 bond levy. Instead of personal property tax, the bonds are paid from the Champaign County 1 percent supplemental sales tax.
The board formally approved the tax levy as it was presented at the November meeting. The board held a truth-in-taxation hearing prior to the meeting. No one from the public was present to comment on the budget.
The new levy is 9.78 percent higher than last year's