San Jose, CALIFORNIA

It's only taxpayers' money. But they have a LOT of it.

Oct 29, 2007 - The San Jose Mercury News has a 2,130-word story on the resignation of the Santa Clara County Office of Education Superintendent.

The board's final settlement with the former superintendent gives her about $485,000 in severance pay and allows her to work on board assignments. But no project has materialized. The board won't be actively looking for anyone to offer one, either. She resigned before the "retirement" agreement they were negotiating could be settled.

The county office of education has a $277 million budget.

[TT - The article doesn't state if the $485,000 was money that was owed to her from her contract that would be paid whether she stayed or not, or whether it was a contractual obligation from termination. Or some other payout. In any case, it's high drama in Silicon Valley.]