Principals' Allowances. 4.1.1.1 In addition to their salary in clause 3.2, each principal shall receive, monthly, an allowance equal to one twelfth (1/12) of the following schedule using the student count as of September 30 each school year. 4.1.1.2 Base administrative allowance: Effective until June 9, 2022 Per annum Per student Effective June 10, 2022 (0.50% Increase) $ 16,528 $ - $ 49.59 $ 24.81 $ 16.52 Effective September 1, 2022 (1.25% Increase) $ 16,735 $ - $ 50.21 $ 25.12 $ 16.73 Effective September 1, 2023 (2.00% Increase0 $ 17,070 $ - $ 51.21 $ 25.63 $ 17.06 4.1.1.3 Notwithstanding any other provision in the Collective Agreement, principals shall receive a minimum allowance of twenty-five thousand dollars ($25,000) annually, prorated based on FTE. 4.1.1.4 Notwithstanding, no school principal shall be paid an allowance of more than: thirty-two thousand, eight hundred and ninety-two dollars ($32,892) per annum. 4.1.1.5 The principal of district programs shall receive an annual administrative allowance in addition to the base allowance provided for in clause ▇.▇.▇.▇: 4.1.1.5.1 Effective until June 9, 2022; $10,339 per annum. 4.1.1.5.2 Effective June 10, 2022, 0.50 % increase; $10,391 per annum
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Sources: Collective Agreement, Collective Agreement, Collective Agreement