5.04 - Changes for Principals and Assistant Principals
In the event of a change in position by a principal or assistant principal to another administrative position for which the allowance is less, his/her allowance shall remain the same for a period of no greater than three years, or until it is exceeded by the new allowance.
This article shall not apply in the event of an administrative change which is the result of unsatisfactory performance.
Where a principal or assistant principal is transferred to a new assignment and incurs a loss of allowance, the administrator’s allowance shall be red-circled for a period of three years – after which the principal or assistant principal shall be paid according to the administrator allowance schedule in effect.