Incoming L.A. superintendent reduces pay because of budget shortfalls

From The Los Angeles Times: The incoming Los Angeles schools superintendent has told the school board to withhold part of his $330,000 salary because of serious projected budget shortfalls. John Deasy will not forgo his entire salary but will instead keep receiving the pay — $275,000 — he has been getting as deputy superintendent. The $55,000 difference represents a nearly 17 percent reduction.