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Education news and notes from Tampa Bay and Florida

Pinellas teachers' salaries drop $88 annually due to tax revenue drop

LARGO -- Eighty-eight dollars may not seem like a lot to some. To others, it's huge -- a week of groceries for two, a night out plus babysitter costs, a couple tanks of gas for a fuel-efficient car.

Pinellas teachers next year are likely to realize an $88 across-the-board salary reduction due to a shortfall in voter-approved referendum dollars, district finance officials told union representatives Tuesday.

The impact means the starting salary for a first-year teacher with a bachelor's degree probably will drop from $37,013 to $36,925, once everything is said and done.

That's a smaller decrease than last year, district chief financial officer Fred Matz told members of the bargaining leadership team, and it's also less than the first projected shortfall of 5 percent:

Actual tax rolls showed a final decrease of 4.32 percent in revenues in fiscal 2012 compared with fiscal 2011, Matz said. And, in 2010-11, teachers saw their income reduced by $167.

[Last modified: Tuesday, May 31, 2011 4:01pm]

    

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