July 7, 2008 - 10:32am
News

Black hole: Severance packages and hidden perks

Twenty months ago The Daily Record's Bob Ingle gave the SCI an "A+" for its report titled "Taxpayers Beware" which detailed how "hidden perks greatly inflated the value of school superintendents' compensation" (The Daily Record, 10/16/06).

Sound familiar? The SCI devoted 165 pages to the taxpayer abuses -- a key section focused exclusively on superintendents' "severance package/buyouts". It exposed seven districts where departing supers had pocketed hundreds of thousands of dollars -- including some in the poorest districts in the state.

So why did the SCI report and the ongoing sweetheart-deals-at-taxpayers-expense all but disappear from the headlines until recently?

Less than a dozen articles ran statewide focusing on severance abuses after the SCI published its warnings. Not until a payout topped $700,000 did the issue make its way back onto the front pages. Since that disclosure, more than 100 articles and editorials have been inked detailing other Fortune 500-like "golden parachute" deals, the governor's oh-so-late investigation into the practice and the legislature's after-the-fact severance caps.

Even much of the recent coverage -- including the New York Times' Sunday article -- has failed to nail the Department of Education for its own pick-and-choose oversight policy.

According to the New York Times' article, Commissioner Davy testified that the Keansburg severance deal was "an absolutely outrageous, excessive, ridiculous package to pay anyone."

For most of us, it's obvious why the Keansburg firestorm falls into the "what isn't acceptable" category -- her words. So please ask the Commissioner what was so "acceptable" about the $200,000+ deals in Wayne (The Record, 6/15/07) and Paramus (The Record, 8/29/07), the $135,000 package in Newark (Star Ledger, 10/20/07), or the latest $600,000 pocketbook raiding retirement deal in Hoboken (Star Ledger, 6/11/07) under her watch?

In Ingle's original critique, he gave the then Acting Commissioner Lucille Davy's and her "education minions" an "F" for a lack of expediency and transparency in publishing base salaries - minus the perks - for school administrators.

I wonder what grade he would give himself and his fellow reporters for letting this taxpayer travesty fall into the Black Hole?

DEBBIE HOLTZ can be reached via email at debbie.holtz@politickernj.com.
Related topics: Lucille Davy

Comments

You really need to read the papers


Debbie, Debbie, Debbie. Where in the Record do I find Bob Ingle? I've been searching all over for him.
Oh that's right, he's with GANNETT.
Please run a correction and make sure the date and publication you listed for his report is correct.
PolitickerNJ, you need to do a better job of editing and fact checking.

07/07/08 12:05 pm

I'm becoming a fan of Debbie Holtz


Debbie has shown a light where few dare to go. While I do not have the time to express most of my opinions on this topic I would like to add one thing. That when these educators retire, after having lived on the public tit most of their adult lives, they suddenly experience a miraculous conversion and become stalwart conservatives. They lament all the government excess, lambast cronyism and "scandal" and shake their heads at all those kids who just can't seem to learn no matter how hard they tryed. Makes me sick.

07/07/08 3:10 pm

Everyone's guilty


This is a case when there is a lot of people to blame. Was everyone asleep at the wheel in Trenton? No wonder property taxes keep heading in only one direction, UP!

07/07/08 6:04 pm

Agreed, got kids. And mperk, you need to run the correction.


The Daily Record is a Gannett newspaper that serves Morris County.

Keep up the good work, Debbie.

07/09/08 9:28 am