The Ocean City Board of Education on Wednesday approved a new five-year contract with Superintendent of Schools Kathleen Taylor.
Taylor currently earns an annual salary of $193,554, but new state regulations cap superintendents’ salaries at $155,000 for districts with fewer than 3,000 students. Taylor’s salary will be $157,500, because the regulations allow an additional $2,500 for districts with a high school.
Taylor will be eligible for up to three quantitative merit increases (at 3.33 percent each) and two qualitative increases (at 2.5 percent each), according to interim business administrator Mark Ritter.
The contract will be effective July 1, 2015 through June 30, 2020.
The board had voted in June 2014 to extend Taylor’s employment for another five years pending a successful contract negotiation.
Board of Education member Jacqueline McAlister thanked Dr. Taylor for her service to the district, but the resolution included no other discussion as the maximum salary was set by law and the decision to extend Taylor’s contract was made a year ago.
