A report released on Monday by the office of Chief Inspector General Melinda M. Miguel of Florida recommended that the boards of trustees for Florida’s 28 state colleges establish parameters for determining presidents’ pay and work to standardize that methodology across the institutions, according to The Florida Times-Union.
Gov. Rick Scott ordered the inspector general’s review last fall, after trustees at Florida State College at Jacksonville gave the institution’s embattled president a $1.2-million severance payment. The report listed nine state colleges with presidential-contract terms that violate a new Florida law limiting state employees’ severance pay to 20 weeks of compensation, The Orlando Sentinel reported.
The review identified wide disparities in total compensation among the 28 presidents, ranging from about $144,000 to $630,000 in the 2012-13 fiscal year. It noted “instances where the total value of the presidents’ compensation was not readily apparent in that many of the contract terms did not contain assigned values.” The report recommended that the colleges work with the state to establish standards for presidential pay, and that presidential contracts spell out pay and perks so that colleges’ liabilities were “properly recorded” and “fully transparent.”Return to Top