The top 20 highest-paid teachers in Peoria SD 150 each earned more than $46,000 in total compensation in 2015, according to the Illinois State Board of Education (ISBE).
The amount reflects teachers' full adjusted pay - a calculation which includes benefits and all pension contributions by taxpayers for each teacher, and reflects a full year of work instead of the nine months teachers actually worked.
Records show that in 2015, Todd R. Derham, a teacher at Quest Charter School Academy at 3202 N. Wisconsin Ave., received $72,585.16, the highest full adjusted pay among all teachers in the district.
Included in that amount was $15,935.16 in taxpayer-funded benefits, $4,622.64 in retirement benefits, and $11,312.52 in other benefits.
Overall, the total amount Peoria SD 150 spent on its 20 highest-paid teachers in 2015 was $1,103,462.61.
Peoria SD 150 had 41 teachers in 2015.
According to the U.S. Census Bureau's 2015 Census American Community Survey, the median household income for Illinois was $57,444 in 2015.
ISBE is responsible for administering public education in Illinois and consists of nine board members appointed by the governor and approved by the Senate.
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