LIVE VIDEO: WTLV Live Video_1    Watch
 

Board to pay former FSCJ president, but has its own demand

9:52 PM, Dec 10, 2013   |    comments
  • Share
  • Print
  • - A A A +

JACKSONVILLE, Fla. -- FSCJ's former president will get some of what he wants from his former employer, but the college's Board of Trustees has a demand of its own.

The school will pay Steve Wallace more than $318,000 for leave time and retirement owed under his employment contract. However, according to our news partner the Florida Times-Union, the board refused to pay the bulk of $30,000 in legal fees as well as additional $150,000 in unpaid salary Wallace says he is owed under a consulting contract that was terminated in August.

But according to the T-U, the board has demanded that Wallace repay the school more than $160,000 for compensation time he took during his 15 years as president.

His use of compensation time is under investigation by the FDLE.

In October 2012, Wallace stepped down and the Board of Trustees approved a $1.2 million contract, which said he would be a paid consultant from Jan. 2013 to June 2014. However, the term was shortened to six months and to about $1 million, making his retirement date Dec. 31.

In Aug., the board voted 7-1 to terminate the contract after Wallace was investigated for abusing leave time and potential ethics violations.

According to the T-U, Wallace and his attorney notified the college on Nov. 6 arguing that he didn't get a chance to defend himself and requested $529,139, which includes unpaid salary through Dec. 31 as well as payouts for his leave time, retirement and legal fees.

The school paid a portion of the leave time on Nov. 27 but withheld $160,473 in compensation time.

First Coast News

Most Watched Videos