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Meeting Date:
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6/22/2023 - 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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Insurance Portfolio Renewals
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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:
1. Property and Crime
2. Automobile and School Liability Coverage.
Administration is presenting the proposed FY 2023-24 renewal for Property and Crime Coverage and the proposed FY 2023-24 renewal for Automobile and School Liability Coverage for Board approval.
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Budgetary Impact:
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FY 2023-24 Property and Crime Coverage: $1,603,463
FY 2023-24 Automobile and School Liability Coverage: $201,911
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Recommendation:
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Administration recommends approval of the FY 2023-24 Property and Crime Coverage and the FY 2023-24 Automobile and School Liability Coverage 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 Mia Hall Moved, Member June Davis seconded to approve the Original motion 'Administration recommends approval of the FY 2023-24 Property and Crime Coverage and the FY 2023-24 Automobile and School Liability Coverage as presented.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | June Davis | Yes | | Mia Hall | Yes | | Gary Grassia | Yes | | LaTonya Mayfield | Yes | | Nedra Robinson | Yes | | Kelicia Stevenson | Yes | | Daryl Davis | Yes | |
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