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Mahomet-Seymour board approves insurance renewals and variable-rate energy contracts

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Summary

The Mahomet-Seymour CUSD 3 board approved renewals for property/casualty, workers' comp and cyber insurance—reported at a combined increase—and approved variable‑rate natural gas and electricity contracts; one board member announced an abstention on the insurance vote due to a conflict.

The Mahomet-Seymour CUSD 3 Board of Education on June 16 approved the district’s insurance renewals and authorized contracts for natural gas and electricity with recommended variable pricing.

Heather, the district finance staff member, said the insurance renewals (property/casualty, workers’ compensation, treasurer’s bond, cyber liability and catastrophic coverage) came with mixed changes but an overall increase of about 17%.…

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