Principals' allowances shall be determined in accordance with the following table:
| Base | For each FTE Teacher | For each student | |
| (registration as of September 30th) | |||
| 2014-2015 | 5,100.00 | 189.57 | 30.11 |
| 2015-2016 | 5,202.00 | 193.36 | 30.71 |
| 2016-2017 | 5,306.04 | 197.23 | 31.33 |
| 2017 (July-December) | 5,385.63 | 200.19 | 31.8 |
| 2018 (January-June) | 5,466.42 | 203.19 | 32.28 |
The annual calculation of the administrative allowances is based on the number of staff members assigned to the school (FTE) as of November 15 of each school year. The staff members include the vice-principals, teachers, teacher-aids, library technicians, custodians, secretaries, and pre-kindergarten teachers. The allowances must be paid retroactively to September 1 of the school year.
Principals who received a greater administrative allowance in 2008-2009 than that which is generated by the formula, will continue to receive the greater amount providing:
(a) the principal stays in the same position at the same school; or
(b) the principals' administrative allowance does not reach or surpass the amount generated by the formula.
Principals working north of the 55th parallel shall receive an annual northern allowance as follows:
$7,141.35 as of July 1, 2014
$7,284.18 as of July 1, 2015
$7,429.86 as of July 1, 2016
$7,541.31 as of July 1, 2017
$7,654.43 as of January 1, 2018
The northern allowance shall be prorated based on the administrative assignment percentage.