ALBUQUERQUE (KRQE) – There’s another big payout for a controversial superintendent and this one’s the center of a federal investigation.
Scott Glasrud headed a group of charter schools, SAMs Academy and Southwest Learning Center. He resigned last week days after FBI agents raided his schools, and a State Auditor’s report questioned why Glasrud was making so much money off the publicly-funded schools in the first place.
Among the findings in the 24-page report, questionable contracts worth more than $1 million with his own company to rent planes for the schools.
The investigations aren’t over, but his school boards finalized some of the details of his resignation on Thursday.
Glasrud will be cashing out 14 weeks of vacation he had in store for this year. They also threw in a month’s pay and pro-rated retirements, giving him about $80,000 on his way out the door.
He had been making nearly a quarter-million dollars a year in salary and benefits, not including his 95 days of vacation.
What’s not finalized is whether Glasrud’s company will be paid out for this year’s contracts for his planes worth more than $200,000.
The school’s board members announced they’ll be suspending the prized flight programs at the schools while they make other arrangements.
The new head administrator has been trying to reassure parents amid the ongoing federal and state investigations.
“As far as we know, we’ll be able to continue,” said Al Baysinger, interim head administrator. “The kids will be able to graduate this year or years future, at least we hope that’s what will happen.”
The Public Education Commission, part of the Public Education Department, has warned the charter schools they’ll be on their watch list.
Three of the four schools are up for charter renewal this year.
Glasrud was not at the public meeting Thursday where his payout was discussed.
An after-hours call to Glasrud’s attorney was not returned.