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Camdenton board accepts clean audit, reviews finances and moves to change supplemental insurance vendor
Summary
The board accepted a clean 2024–25 audit, reviewed November finances (ending balance ~$29.38 million; investments around $23 million earning ~3.9–4%), and approved staff’s recommendation to end the district’s contract with American Fidelity and explore a partnership with OSBA/Hartford for supplemental employee insurance.
At its Dec. 8 meeting the Camdenton R‑III Board accepted a clean audit for 2024–25, received the treasurer’s report, and discussed finance items including an RFQ for bond underwriting and a proposed change to the district’s supplemental insurance vendor.
The treasurer reported a November ending balance of $29,381,000 and said total receipts were up roughly $437,000 month‑to‑month; the district holds about $23,000,000 in investments currently earning in the 3.9–4% range. Staff said the district…
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