* This is entirely insane…
Money may be tight in Bellwood School District 88, but the school board still managed to quietly divert more than $105,000 from an education fund to replenish a retirement account its superintendent drained years ago.
The money added 20 years of service to the Illinois Teachers Retirement System account for Superintendent Rosemary Hendricks. That change, under a TRS formula, would increase annual pension benefits to $77,000 from an estimated $14,000. Taxpayers across the state will pick up the tab, potentially for years to come. […]
District 88’s attorney said Hendricks, 66, is required to repay the $105,504 to the district, but the district has not provided a copy of that agreement or any details about a repayment plan or said whether she must pay interest. […]
Local tax revenue has been flat in Bellwood, and last year the state sent additional aid to the district, which has spent nearly twice as much on administration than the average district in Illinois, state records show. Student achievement lags far behind statewide averages as well. […]
Hendricks was dismissed during her first two terms — in 2008 and 2012 — and the district paid her $120,000 in legal and other settlements. As of last school year, Hendricks had earned more through suing her employers or getting bought out of contracts since the 2008-09 school year than through the time she spent working, state records show.
More state money is obviously not the answer for that particular district (and others).