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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 06, 1992

Page

14

Cedar Rapids faces scrutiny over Phase 3 teacher bonuses

Cedar Rapids teachers may earn Phase 3 bonuses for CREA union duties under a plan eyed by state officials for changes next year. State auditors criticized some activities, leading the Iowa Department of Education to consider dropping CREA credits while preserving most funding and noting limited monetary returns for time invested.

Cedar Rapids Education Association CREA Ci Rapids Get Phil Dunshee Terry Branstad Department of Education Edith Eckles Iowa Department of Educa Tion State Department Cedar Rapids the Gazette Eckles Carl Carson Carson Stephen Wendie Riniker Garfield

Iowa districts shift Phase 3 pay to school transformation

Eastern Iowa districts College Community Iowa City and Linn-Mar tilt Phase 3 teacher bonuses toward school transformation as governors rules enshrine a three part pay plan. District leaders stress Phase 3 funds add after school and planning time while avoiding merit pay.

Stephanie Phillips Iowal City Eastern Iowa College Community Iowa City Linn-Mar Terry Branstad Jim Steffen College Commmunity Steffen

Trust fund suit claims Wymer used bogus trades to siphon 43 million

California money manager Steven Wymer allegedly devised an elaborate scheme to move about 43 million of Iowa Trust Fund assets into Jefferson Bank and a Lakewood bank through complex securit ies transactions. Iowa Trust seeks return of the funds with interest while Wymer faces federal scrutiny and the judge mulls the ruling. The case involves ITM and Institutional Treasury Management clients across numerous counties and municipalities.

Denver California Steven Wymer Iowa Trust Fund Lakewood Bank Wymer Jefferson Bank Iowa Trust Walter Garnsey Garnsey U.S Lewis T. Babcock Maurice Grotjohn Philip Lowery Babcock Iowa Trust and Institutional Treasury Management Micronesia ITM Irvine Calif Lowa Trust

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