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2010 Florida Statutes
Remuneration of community college presidents; limitations.
Remuneration of 1community college presidents; limitations.
—DEFINITIONS.—As used in this section, the term:
“Appropriated state funds” means funds appropriated from the General Revenue Fund or funds appropriated from state trust funds.
“Cash-equivalent compensation” means any benefit that may be assigned an equivalent cash value.
“Remuneration” means salary, bonuses, and cash-equivalent compensation paid to a 1community college president by his or her employer for work performed, excluding health insurance benefits and retirement benefits.
LIMITATION ON COMPENSATION.—Notwithstanding any other law, resolution, or rule to the contrary, a 1community college president may not receive more than $225,000 in remuneration annually from appropriated state funds. Only compensation, as defined in s. 121.021(22), provided to a 1community college president may be used in calculating benefits under chapter 121.
EXCEPTIONS.—This section does not prohibit any party from providing cash or cash-equivalent compensation from funds that are not appropriated state funds to a 1community college president in excess of the limit in subsection (2). If a party is unable or unwilling to fulfill an obligation to provide cash or cash-equivalent compensation to a 1community college president as permitted under this subsection, appropriated state funds may not be used to fulfill such obligation.
s. 28, ch. 2010-155.
Section 21, ch. 2010-70, directs the Division of Statutory Revision to prepare a reviser’s bill to substitute the term “Florida College System institution” for the terms “Florida college,” “community college,” and “junior college” where those terms appear in the Florida K-20 Education Code.