University of Virginia Library

2005-2006 SALARY FOR PRESIDENT JOHN T. CASTEEN, III

RESOLVED, the Board of Visitors of the University of Virginia approve the following 2005-2006 salary recommendation for the President of the University of Virginia:

                     

President John T. Casteen, III
	Actual as of 11/25/04	Proposed as of 11/25/05	Percent Increase
State	$155,964	162,826	4.4%
Bonus (5%)	7,571	7,798
Total Salary, excluding local supplement	163,535	170,624	4.3%
Local supplement	264,036	278,674	5.5%
Bonus	11,179	13,202
Total local supplement	275,215	291,876	6.1%
Total Salary	420,000	441,500
Deferred Compensation	195,000	200,000
Total Bonus	18,750	21,000

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On motion, the meeting was adjourned at 5:35 p.m.