Larry Powell is the superintendent of the Fresno County School District in California and this week he did something that shocked everyone in the district. Powell made an astonishing announcement that will help resolve some major budget issues in the district; he gave up his salary for the entirety of his remaining years at the school district.
Powell’s current contract will expire in 2015 and he says that he will not be accepting any type of salary or pay from now until at least the end of his term. In the three years that he gave up his salary he will save the school district approximately $800,000 in pay which Powell says he simply doesn’t need or want. This incredibly generous act has surprised and shocked the entire school district and it will definitely have a big impact on the district’s budget for the next few years.
Powell says his reasoning for giving up the salary is that he simply doesn’t need it at this point in his life. Powell is planning to retire in 2015 when his current term ends and according to his latest press release he simply feels that it is more worthwhile for him to leave the money for the school district to keep expanding and adding new programs. Throughout his career Powell has always been regarded as a giving man and with this final act of kindness he has sealed his legacy of kindness by giving the school district their largest contribution ever.