Karen Mckay-Funnell
Thames Valley District School Board/Principal
2025 Salary
$151,515Total compensation $151,515, including $0 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#230Thames Valley District School Board
Years on List
72019–2025
Peak Salary
$151,5152025
Full 2025 roster at Thames Valley District School Board →·See where $151,515 ranks →
Total Compensation History
Full History
2019–2025
$101,280 in 2019 is worth about $122,281 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | PrincipalThames Valley District School Board | $151,515Benefits $0Total $151,515 |
| 2024 | Vice-PrincipalThames Valley District School Board | $141,381Benefits $0Total $141,381 |
| 2023 | Elementary Vice PrincipalThames Valley District School Board | $115,797Benefits $0Total $115,797 |
| 2022 | Elementary Vice PrincipalThames Valley District School Board | $108,956Benefits $0Total $108,956 |
| 2021 | Elementary Vice PrincipalThames Valley District School Board | $107,317Benefits $0Total $107,317 |
| 2020 | Elementary Vice PrincipalThames Valley District School Board | $107,168Benefits $0Total $107,168 |
| 2019 | Elementary TeacherThames Valley District School Board | $101,280Benefits $0Total $101,280 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Karen Mckay-Funnell's $151,515 salary works out to roughly $104,719 after income tax, CPP and EI — an all-in deduction rate of about 30.9%. For comparison, the median Principal (level not specified) on the 2025 list was paid $165,678; this salary is about 9% less. Karen Mckay-Funnell has appeared on the list 7 times since 2019. After pension contributions (probably OTPP for teachers or OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$104,719
- Effective income-tax rate (excl. CPP/EI)
- ~27.3%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~30.9%
- vs. 2025 Principal (level not specified) median
- −9%
Where does $151,515 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.