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School Board: Home for Faltys would be asset
By Christina Rowland/Staff Writer
The Carroll ISD Board of Trustees voted Oct. 10 that Superintendent David Faltys needed to be provided with housing after Faltys was approached by search firms and individuals about other jobs.
The board took no action on housing for the superintendent during Monday’s regular meeting.
“He personally has not applied, pressured the board or shared any interest in leaving. He wants to stay here, but as you can imagine some of the jobs available pay better than CISD and would be pretty hard to pass up at least considering,” said Julie Thannum, CISD spokeswoman. “This is a preemptive step on the board’s part to make the CISD job too attractive to ever want to leave.”
“The home purchase won’t be subject to the Robin Hood recapture and will become an asset for the district,” Thannum said.
The details and timeline for the purchase have yet to be decided. The board has thus far just voted on providing housing.
Thannum indicated the board could designate funds from oil and gas leases and/or from the sale of the Peytonville property for the purchase of housing. She indicated such funds total $9 million. Since the home will be purchased from fund balance it won’t affect the tax collections.
Faltys has been with the district since January 2006. He was hired through a search firm in 2005 and was previously the supertendent of the Navasota ISD. CISD is the only 5A school district in the state to receive an exemplary rating and also earned a perfect score and superior achievement on the state’s financial integrity system. Both were received while the district was under the direction of Faltys.
The superintendent’s contract currently allows for a $5,000 annual housing incentive if residing in-district. This would be eliminated in the new compensation package. The housing would be considered an asset of the CISD and could be sold to return to money back to the fund balance.
According to a report from the CISD citing the Texas Association of School Boards, district housing for superintendents is an option that as many as 90 Texas districts have approved.
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