{"id":4191,"date":"2026-08-03T11:07:16","date_gmt":"2026-08-03T11:07:16","guid":{"rendered":"https:\/\/usmovingexpertss.com\/?p=4191"},"modified":"2026-08-03T11:07:16","modified_gmt":"2026-08-03T11:07:16","slug":"no-more-golden-parachutes-sc-poised-to-limit-superintendent-contract-buyouts-2","status":"publish","type":"post","link":"https:\/\/usmovingexpertss.com\/?p=4191","title":{"rendered":"No more \u2018golden parachutes\u2019: SC poised to limit superintendent contract buyouts"},"content":{"rendered":"
<\/p>\n

Local school boards, which sometimes pay big bucks to buy out the contracts of superintendents whose services they no longer desire, may soon find themselves limited in what they can spend on such agreements.<\/p>\n

Read more Exclusive-Fed\u2019s Williams expects inflation to ease, says Fed will act if it doesn\u2019t<\/a><\/p>\n

<\/p>\n

South Carolina lawmakers, tired of the large payouts, are on the verge of restricting them.<\/p>\n

<\/p>\n

A measure inserted in the state budget at the request of South Carolina schools chief Ellen Weaver would require local school boards to include language in future superintendent contracts specifying that mutual separation agreements may not exceed one year\u2019s salary or the remainder of the contract value, whichever is less.<\/p>\n

<\/p>\n

The provision does not limit a superintendent\u2019s right to file a legal claim alleging wrongful termination or cap the amount a district would have to pay if found to have fired a superintendent without cause.<\/p>\n

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\u201cThe (South Carolina Department of Education) believes these taxpayer funds would better serve the students for whom they are intended by going to classroom instruction rather than golden parachutes,\u201d Weaver wrote in <\/p>\n

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To support its proposal, the department cited news articles documenting the growing number of district superintendents who received contract buyouts that exceeded their annual pay.<\/p>\n

<\/p>\n

Recent local examples include former Richland 2 superintendent Baron Davis, who got a $615,000 payout in 2023, and former Lexington 2 superintendent Nicholas Wade, who received $240,000 to resign in 2022.<\/p>\n

<\/p>\n

In June, budget negotiators virtually identical to one Weaver proposed in her request.<\/p>\n

Read more Richland 1 case over records fees adds to district\u2019s FOIA lawsuits. What to know<\/a><\/p>\n

<\/p>\n

The one-year measure, or proviso, will go into effect once lawmakers pass a spending plan. While technically temporary laws, provisos are often renewed indefinitely once inserted in the budget.<\/p>\n

<\/p>\n

Scott Price, executive director of the South Carolina School Boards Association, said the interest group had no formal position on the golden parachute proviso, although he preferred the adopted House version to a more expansive Senate proposal that would have extended buyout restrictions to all school district employees.<\/p>\n

<\/p>\n

Price said he doesn\u2019t view excessive superintendent buyouts as a particularly pressing or widespread issue in the state, but does have concerns that limiting such payouts could make it harder for South Carolina to attract and retain talented school leaders.<\/p>\n

<\/p>\n

\u201cWe sometimes draw from North Carolina, Georgia and other areas in the Southeast that may or may not have a similar provision,\u201d he said. \u201cDoes that put us at a disadvantage? I don\u2019t know, but I think it\u2019s an interesting question.\u201d<\/p>\n

<\/p>\n

One thing Price said he thinks will come from capping superintendent separation payments is an increase in lawsuits filed over contract breaches.<\/p>\n

<\/p>\n

While school boards can currently work with district leaders to reach mutually agreeable buyout terms without resorting to litigation, they\u2019ll have less ability to do that in the future, he said.<\/p>\n

<\/p>\n

\u201cYou never want to have to go down the path of litigation, if you don\u2019t have to,\u201d Price said. \u201cThis makes it more likely, depending on what the circumstances are.\u201d<\/p>\n

Read more FBI vows \u2018thorough investigation\u2019 after deadly shooting at In-N-Out in Twin Falls<\/a><\/p>\n

<\/article>\n","protected":false},"excerpt":{"rendered":"

A measure included in the South Carolina state budget would restrict the amount school boards can pay to buy out superintendent contracts.<\/p>\n","protected":false},"author":1,"featured_media":4185,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"yoast_head":"\nNo more \u2018golden parachutes\u2019: SC poised to limit superintendent contract buyouts - US Moving Experts<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/usmovingexpertss.com\/?p=4191\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No more \u2018golden parachutes\u2019: SC poised to limit superintendent contract buyouts - 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