NYC principals may settle bitter four-year contract fight

04/24/2007 | NYTimes.com

New York City school principals and assistant principals have reached a tentative agreement with the city to increase pay 23% over seven years with annual bonuses up to $25,000 awarded to top-rated principals who spend three years in troubled schools. Union members must still ratify the deal; the most recent contract expired June 30, 2003.

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