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Commissioners discuss switching public-official bond coverage to K-Camp ahead of January turnover
Summary
Staff presented options to change the county's public-official bond provider from Travelers to K-Camp (K-CAMP), noting K-Camp ties bonds to positions rather than individuals and issues one annual invoice; commissioners requested a resolution be returned for Dec. 31 consideration.
An unidentified county staff member briefed commissioners on public-official bonds and a possible switch from Travelers to K-Camp (referred to in the record as K-Camp). The presenter said Travelers currently ties bonds to individuals, requiring new bonds when officials change, while K-Camp would tie bonds to the position and simplify renewals.
The presenter outlined statutory minimums for bond amounts by position and noted that research with the county appraiser, Sean Robertson, found no current statutory bond requirement for the county appraiser position. "We couldn't find anything that actually physically states that the county appraiser has to have a public official bond," the presenter said. The staff member recommended the Board consider a resolution to change providers and to set bond amounts consistent with K-Camp's minimum guarantees.
Commissioners asked about costs and coverage. The presenter said Travelers charges a $250 fee per bond renewal regardless of amount, while K-Camp's proposal would be a single county invoice of $386 annually to cover all bonds. Commissioners discussed whether to keep higher existing amounts for positions such as the treasurer; staff said K-Camp's minimum guarantee is 25,000 for the treasurer but recommended maintaining an existing $50,000 bond for that office because of the treasurer's larger cash-handling role.
No final vote was taken. The presenter said staff would return with a resolution for Board action on Dec. 31 if the Board wishes to proceed.
