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Meeting Date:
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6/23/2022 - 6:00 PM
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Category:
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Consent Agenda
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Type:
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Action
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Subject:
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2022-2023 District Insurance Portfolio
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District Goals:
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Goal 1 Thriving Students Goal 2 Engaged Community Goal 3 Empowered Staff
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Enclosure
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File Attachment:
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Summary:
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Each year CISD, Administration evaluates the District Insurance Portfolio to assess opportunities for cost savings and/or to address coverage gaps.
The Insurance Portfolio consists of two (2) primary categories of coverage:
-Property and Crime Coverage
-Automobile and School Liability Coverage
Administration is presenting the renewal for Property and Crime Coverage and the renewal for Automobile and School Liability Coverage for 2022-23 for Board consideration and possible approval.
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Budgetary Impact:
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FY 2022-23 Property and Crime Coverage: $1,031,026
FY 2022-23 Automobile and School Liability Coverage: $191,950
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Recommendation:
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Administration recommends approval of the fiscal year 2022-23 Insurance District Portfolio as presented.
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Approvals:
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Recommended By:
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Signed By:
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Leon Fisher - Executive Director
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Signed By:
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Michael McFarland - Superintendent
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Vote Results:
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| Original Motion | | Member Daryl Davis Moved, Member June Davis seconded to approve the Original motion 'Administration recommends approval of the fiscal year 2022-23 Insurance District Portfolio as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | June Davis | Yes | | LaTonya Mayfield | Yes | | Nedra Robinson | Yes | | Kelicia Stevenson | Yes | | Daryl Davis | Yes | |
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