One month of service in January will result in payment to Wills of about $20,000
Some have questioned whether it is worth spending $20,000 to hold over current president Penelope Wills for one month (January) while awaiting the new Community College President to arrive. The cost to the College for the one month of service by Wills is about $20,000.
The argument that it was not necessary to give her a one-month interim appointment is that one of the vice presidents could have easily filled in for the 31 day period in January 2019. Therefore, a savings of $20,000 to the College, assuming the VP would not charge that amount for the 31 days.
The contrary view is that Wills will add a sort of continuity to the change-over. Obviously, most of those on the Governing Board felt that possibly saving $20,000 was not of significance as they approved the interim appointment. Someone once said, “A Penny Saved is a Penny Earned.” Should the phrase have applied here?