St. Petersburg Times Online: News of Florida
TampaBay.com
Place an Ad Calendars Classified Forums Sports Weather
  • Lucy Morgan: Bureaucrat or lobbyist -- trouble follows her
  • Aging chemical agent lying buried in Florida soil
  • Bush: Kids in courts need guardians
  • GOP hopeful charts a moderate course
  • Bill would cap pay of university presidents

  • From the state wire

  • Hurricane Jeanne appears on track to hit Florida's east coast
  • Rumor mill working overtime after Florida hurricanes
  • Developments associated with Hurricanes Ivan and Jeanne
  • Four killed in Panhandle plane crash were on Ivan charity mission
  • Hurricane Frances caused estimated $4.4 billion in insured damage
  • Disabled want more handicapped-accessible voting machines
  • USF forces administrators to resign over test score changes
  • Man's death at Universal Studios ruled accidental
  • State child welfare workers in Miami fail to do background checks
  • Hurricane Jeanne heads toward southeast U.S. coast
  • Hurricane Jeanne spurs more anxiety for storm-weary Floridians
  • Mistrial declared in case where teen was target of racial "joke"
  • Panhandle utility wants sewer plant moved to higher ground
  • State employee arrested on theft, bribery charges
  • Homestead house fire kills four children, one adult
  • Pierson leader tries to cut off relief to local fern cutters
  • Florida's high court rules Terri's law unconstitutional
  • Jacksonville students punished for putting stripper pole in dorm
  • FEMA handling nearly 600,000 applications for help
  • Man who killed wife, niece, self also killed mother in 1971
  • Producer sues city over lead ball fired by Miami police
  • Tourism suffers across Florida after pummeling by hurricanes
  • Key dates in the life of Terri Schiavo
  • An excerpt from the unanimous ruling in the Schiavo case
  • Four confirmed dead after small plane crash in Panhandle
  • Correction: Disney-Cruise Line story
  • tampabay.com
    Back
    Print story Reuse or republish Subscribe to the Times

    Bill would cap pay of university presidents

    The $225,000 ceiling would not affect current salaries. Eight of 11 presidents already earn more than the proposed lid.

    By ANITA KUMAR, Times Staff Writer
    © St. Petersburg Times
    published March 15, 2003


    Florida lawmakers griping about the escalating salaries of university presidents have come up with a way to halt the statewide bidding war.

    The Legislature is considering a bill that would cap the amount of state money paid to presidents at $225,000 annually. Anything above that would have to come from private sources. "We think it's the right thing to do," said Sen. Stephen Wise, R-Jacksonville. "Goodness gracious. . . . It's not like they are going to starve to death."

    Eight of the 11 state university presidents now receive more than $225,000 a year from the state, thanks in large part to a recent round of pay increases. Two presidents have state salaries of at least $300,000.

    Retiring University of Florida president Charles Young became the highest-paid president in December when the school bumped his annual pay from $256,800 to $350,000. The University of South Florida soon followed suit, raising president Judy Genshaft's salary to $325,000.

    The others make between $175,000 and $295,000. Most money for salaries comes from state funds but some are supplemented by private donations. Genshaft's salary, for example, includes $25,000 from the USF Foundation.

    The rising salaries come as state officials consider the largest tuition increases in a decade -- as much as 12.5 percent -- and a dramatic reduction in financial aid. Both are products of a slow economy and skyrocketing enrollment.

    "There's a disconnect," said Wise, the bill sponsor. "I think it's wrong."

    The bill (SB 1370) unanimously passed the Senate Education Committee but still has several stops before making it to the Senate floor. A House version being prepared caps all state employee salaries, including university presidents, at $200,000 and requires legislative approval for anything more.

    Florida State University president T.K. Wetherell, who receives almost $290,000 annually, said the proposal doesn't surprise him, considering how much attention the salaries have received in the past few months. "It's fine with me," Wetherell said. "Just be done with it and move on."

    The race to see which university could top the other was prompted by a change last year that allowed individual schools to set their own salaries for the first time in decades.

    The base salaries do not include a slew of other perks received by university presidents, including the use of presidential mansions and cars, country club memberships and thousands of dollars contributed to their retirement funds. Some even receive money for their spouses.

    The bill would not affect current salaries, only new contracts or contract extensions. But it could affect schools -- including UF -- that are searching for new presidents and want to make their compensation packages as attractive as possible.

    Print story Reuse or republish Subscribe to the Times

    Back to State news
    Back to Top

    © 2006 • All Rights Reserved • Tampa Bay Times
    490 First Avenue South • St. Petersburg, FL 33701 • 727-893-8111
     
    Special Links
    Lucy Morgan


    From the Times state desk