FORMER city council chief executive Nicola Yates received a £242,677 compensation pay-off by the authority after leaving her job last year.
The council's newly published annual statement of accounts for the 2012-13 financial year reveal Mr Yates received a sum of £242,677 as "compensation for loss of office."
At the time, the council refused to explain the circumstances behind her sudden departure from the Guildhall. It also declined to comment any compensation deal struck between the two parties.
In a statement this week, the council said: "The individual concerned is no longer an employee of Hull City Council and it is therefore not appropriate to comment on this matter."
The figure is part of an overall remuneration figure of £299,367 paid by the council to Ms Yates during the year. The total includes pension contributions of £11, 772.
At the time, council sources suggested her sudden exit was triggered by a breakdown in working relations with the ruling Labour administration, which had regained political control of the authority.
Labour councillors have subsequently refused to make any public comment about her departure.
However, Councillor Mike Ross, deputy leader of the main opposition Liberal Democrat group, said the episode had been a costly one for the authority at a time when it was looking to make savings across its range of services.
"This shows what happens when Labour is in charge of the council. It's happened before and it happened again here.
"Making these sort of decisions ultimately costs a lot of money and it's always the taxpayer who ends up footing the bill."
Ms Yates was on an salary of £160,000 at the time of her exit from Hull.
She had been at the helm for almost three years, having succeeded former chief executive Kim Ryley.
Before she took on the job, councillors reduced the post's salary by about £40,000 after previous criticism of the size of Mr Ryley's pay packet.
Ms Yates was recently appointed to a similar position at Bristol City Council on a £160,000-a-year salary.
The accounts show her interim successor in Hull, former chief executive Darryl Stephenson, was paid a total of £40,71 for six months' work at the authority last year.
Mr Stephenson took up a temporary role last September and in December agreed to take on the post on a part-time basis, working 22.2 hours a week.
His total remuneration figure also includes pension contributions.
City council leader Councillor Steve Brady said Mr Stephenson's part-time role and a 33 per cent reduction in senior manager posts at the authority over the past year had resulted in significant savings.
He said the search for a permanent successor to Ms Yates was still on, saying: "I want to get the best person for Hull."
