What a payoff!

A principal in Florida doubled his salary when his public schools converted to a charter, which is what the rightwing governor and legislator want to happen.

Meanwhile teachers In the state are raising money to pay for basic school supplies for their students.

Lincoln Memorial Academy principal Eddie Hundley, the subject of a federal investigation, earned more than twice the average salary of middle school principals in Manatee last year.

Former Lincoln Memorial Academy principal Eddie Hundley, who is currently the subject of a federal investigation into fraud, bribery and embezzlement, earned roughly $204,000 last year, according to Manatee County School District general counsel Mitch Teitelbaum.

Hundley’s salary nearly doubled overnight when Lincoln converted from a traditional district middle school to a charter on June 30, 2018. Before the conversion, school district officials say Hundley was earning $105,560, but as of July 1, 2018, his base pay increased to $174,990 plus a supplement of $2,450 per month.

“This may not be the entire compensation received by Mr. Hundley,” Teitelbaum said in an email.

Hundley’s salary had been a mystery, as school district officials have sought more details about Lincoln’s finances. The school was declared in “dire financial condition” in May. Lincoln was found to have missed roughly $60,000 in payments to the Florida Retirement System, and the city of Palmetto has threatened to turn off the school’s water twice due to unpaid bills…

Hundley’s base salary and monthly supplement, not including benefits, puts his earnings well above middle school principals in Manatee, who on average earned $83,200 in 2018-19, according to the school district.

However, Hundley’s salary it is not out of the realm for charter school principals in the district. In 2017 the Herald Tribune compiled salaries of the highest paid employee at all charter schools in Sarasota and Manatee. At that point, Manatee School for the Arts principal Bill Jones earned roughly $184,000. Fred Spence, the founder of Bradenton’s Team Success, earned $237,000 in 2014, the last year of salary data available before management of the school was handed over to his management firm. The highest paid employee at a charter school in Sarasota in 2017 was Vickie Marble at the Student Leadership Academy, at $143,175.

Local officials said the school’s administrative costs had tripled beyond what was expected..