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School district approves $526,945 insurance premiums and three new minivans

July 15, 2025 | Wisconsin Rapids School District, School Districts, Wisconsin


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School district approves $526,945 insurance premiums and three new minivans
During the recent Wisconsin Rapids School Board meeting held on July 14, 2025, key discussions centered around the district's annual insurance premiums and the need for new transportation vehicles. These topics are significant as they directly impact the district's financial planning and operational efficiency.

The board addressed an increase in insurance costs, which rose by $99,000 compared to the previous year. This increase is attributed to higher claims in both property and workers' compensation insurance. The district's claims usage exceeded the 1% threshold, resulting in elevated rates. The board moved to approve the estimated annual insurance premiums of $526,945 for the 2025-2026 school year, which will be funded from the district's insurance budgets. This decision highlights the ongoing challenges schools face in managing insurance costs, particularly in light of rising claims.

In addition to insurance, the board discussed the need for new minivans to support transportation services. Currently, the district operates 21 minivans, with several exceeding 100,000 miles. The board proposed purchasing three new minivans at a cost not to exceed $120,000, to be funded from the 2025-2026 transportation budget. The discussion also included exploring options for hybrid models to potentially reduce fuel costs, reflecting a growing trend towards more sustainable transportation solutions.

Overall, the meeting underscored the district's proactive approach to managing its resources while addressing the needs of its transportation fleet. The decisions made are expected to enhance operational capabilities and ensure the district remains responsive to its insurance and transportation requirements. As the school year approaches, these developments will be closely monitored by the community and stakeholders.

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Scribe from Workplace AI
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